1. BW completed redemption of $26 million senior notes on December 5, 2025. 2. All notes were redeemed at 100% principal plus accrued interest. 3. No senior notes remain outstanding post-redemption. 4. The redemption reflects improved financial positioning for BW. 5. B&W is a leader in energy and environmental markets.
FAQ
Why Bullish?
The successful redemption of high-interest debt reduces financial liabilities, enhancing positive investor sentiment. Historically, debt reduction tends to favor stock performance, as seen in companies like GE after similar moves.
How important is it?
The redemption of these senior notes is significant for BW's balance sheet, indicating stronger financial health and potentially attracting more investors. This is likely to influence BW's market perception positively.
Why Short Term?
The immediate impact of debt redemption is likely to boost BW's stock in the short run, improving cash flows and investor confidence. Similar debt redemptions have historically resulted in quick positive market reactions.
Babcock & Wilcox Enterprises, Inc. ("B&W" or the "Company") (NYSE:BW) announced today that, on December 5, 2025, we completed the previously announced redemption of all $26 million aggregate principal amount outstanding of our 8.125% Senior Notes due 2026 (the "Notes"), which were issued pursuant to an indenture, dated as of February 12, 2021, as supplemented by the First Supplemental indenture, dated as of February 12, 2021, between us and The Bank of New York Mellon Trust Company, N.A., as trustee (the "Redemption"). We redeemed all Notes at a redemption price equal to 100% of the principal amount of such Notes together with the requisite accrued and unpaid interest. Subsequent to the completion of the Redemption, no Notes remain outstanding.
About Babcock & Wilcox
Headquartered in Akron, Ohio, Babcock & Wilcox Enterprises, Inc. is a leader in energy and environmental products and services for power and industrial markets worldwide. Follow us on LinkedIn and learn more at babcock.com.
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Investor Contact:
Investor Relations
Babcock & Wilcox
704.625.4944
investors@babcock.com
Media Contact:
Ryan Cornell
Public Relations
Babcock & Wilcox
330.860.1345
rscornell@babcock.com