---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-077169"
form_type: "8-K"
ticker: "BW"
cik: "0001630805"
company_name: "Babcock & Wilcox Enterprises, Inc."
filed_at: "2023-06-30T23:59:59+00:00"
generated_at: "2026-06-13T13:58:20.437999+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.2
calibrated_materiality_score: 0.2
confidence: "high"
source: SEC EDGAR
---

# Babcock & Wilcox amends credit agreement, raising cash threshold for borrowing from $30M to $40M

## Summary
- Entered Fourth Amendment to Revolving Credit Agreement on June 26, 2023.
- Increased unrestricted cash limit for borrowing from $30 million to $40 million.
- Paid a $10,000 amendment fee to PNC Bank, the administrative agent and a lender.
- All existing representations and warranties reaffirmed; no default occurred.

## SEC filing metadata
- accession: 0001104659-23-077169
- form_type: 8-K
- ticker: BW
- cik: 0001630805
- company_name: Babcock & Wilcox Enterprises, Inc.
- filed_at: 2023-06-30T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.2
- calibrated_materiality_score: 0.2
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1630805/000110465923077169/0001104659-23-077169-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1630805/000110465923077169/tm2320346d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-077169
- JSON: https://secwatch.observer/filing/0001104659-23-077169.json
- Plain text: https://secwatch.observer/filing/0001104659-23-077169.txt

## Key facts
- Material Agreements
  Babcock & Wilcox Enterprises, Inc. amended Fourth Amendment to the Revolving Credit Agreement with PNC Bank, National Association (effective 2023-06-26).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: PNC Bank, National Association
  - Effective: 2023-06-26
  source text: On June 26, 2023, Babcock & Wilcox Enterprises, Inc. (the “Company”), with certain subsidiaries of the Company as guarantors, certain lenders from time to time party to the Revolving Credit Agreement, and PNC Bank, National Association (“PNC”), as administrative agent and swing loan lender to the Revolving Credit, Guaranty and Security Agreement, dated as of June 30, 2021 (the “Revolving Credit Agreement”), entered into the Fourth Amendment to the Revolving Credit Agreement (the “Amended Revolving Credit Agreement”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1630805/000110465923077169/0001104659-23-077169-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.