B&W exchanges $131.8M of 2026 notes for $100.8M of new 8.75% notes due 2030

Babcock & Wilcox Enterprises, Inc.

Exchange includes ~$84M of 8.125% Senior Notes due Feb 2026 and ~$48M of 6.50% Senior Notes due Dec 2026.
Newly issued 8.75% Senior Secured Second Lien Notes due 2030 will replace $131.8M with $100.8M principal.
Annual interest expense reduced by $1.1 million as a result of the exchange.
Exchanges are privately negotiated with limited noteholders and subject to customary closing conditions.
Maturity extended from 2026 to 2030, improving near-term liquidity profile.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.