---
schema_version: "secwatch.filing_event.v1"
accession: "0001630805-25-000013"
form_type: "8-K"
ticker: "BW"
cik: "0001630805"
company_name: "Babcock & Wilcox Enterprises, Inc."
filed_at: "2025-05-12T23:59:59+00:00"
generated_at: "2026-05-21T23:44:40.142819+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001630805-25-000013
- form_type: 8-K
- ticker: BW
- cik: 0001630805
- company_name: Babcock & Wilcox Enterprises, Inc.
- filed_at: 2025-05-12T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1630805/000163080525000013/0001630805-25-000013-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1630805/000163080525000013/bw-20250512.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001630805-25-000013
- JSON: https://secwatch.observer/filing/0001630805-25-000013.json
- Plain text: https://secwatch.observer/filing/0001630805-25-000013.txt

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