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Babcock & Wilcox Enterprises, Inc. 8.125% Senior Notes Due 2/28/2026
Ticker Symbol: BWSN CUSIP: 05614L308 Exchange: NYSE
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QUANTUMONLINE.COM SECURITY DESCRIPTION: Babcock & Wilcox Enterprises, Inc., 8.125% Senior Notes Due 2026, issued in $25 denominations, redeemable at the issuer's option on or after 02/28/2022 at $25.75 per note plus accrued and unpaid interest; on or after 02/28/2023 at $25.50 per note plus accrued and unpaid interest; on or after 02/28/2024 at $25.25 per note plus accrued and unpaid interest; on or after 02/28/2025 at $25.00 per note plus accrued and unpaid interestand maturing 02/28/2026. Interest distributions of 8.125% per annum ($2.03125 per annum or $0.5078125 per quarter) will be paid quarterly on 1/31, 4/30, 7/31 & 10/31 to holders of record on the record date that will be 1/15, 4/15, 7/15 & 10/15 (NOTE: the ex-dividend date is one business day prior to the record date). Distributions paid by these debt securities are interest and as such are NOT eligible for the preferential 15% to 20% tax rate on dividends and are also NOT eligible for the dividend received deduction for corporate holders. Units are expected to trade flat, which means accrued interest will be reflected in the trading price and the purchasers will not pay and the sellers will not receive any accrued and unpaid interest. This security was not rated by Moody’s or S&P at the time of its IPO. The Notes are unsecured and unsubordinated obligations of the company and will rank equally with all existing and future unsecured and unsubordinated indebtedness of the company. See the IPO prospectus for further information on the debt securities by clicking on the ‘Link to IPO Prospectus’ provided below.
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Go to Parent Company's Record (BW)
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Notes: June 5, 2025 -- Babcock & Wilcox Enterprises, Inc. (NYSE: BW) announced today offers to purchase for $20.00 cash per note up to a maximum $70 million aggregate amount (the “Offer Cap”) of Tender Consideration (as defined below) of the Company’s 8.125% Senior Notes due 2026 The Cash Offers are scheduled to expire at 5:00 p.m., New York City time, on July 11, 2025, unless extended or earlier terminated by the Company. Holders of Notes described in the table above may withdraw their validly tendered Notes at any time at or prior to 5:00 p.m., New York City time, on July 11, 2025, unless extended by the Company. In order to receive the Tender Consideration, Holders of Notes must tender and not withdraw their Notes at or prior to the Expiration Date. July 24, 2019 -- Babcock & Wilcox Enterprises, Inc. (NYSE: BW) announced today the completion of its previously announced equitization transactions approved by stockholders at the Company’s annual meeting, as well as the completion of the previously announced one-for-ten reverse stock split. The Company’s common stock will begin trading on the New York Stock Exchange on a split-adjusted basis when the market opens on July 24, 2019. Trading will continue under the symbol “BW,” but under a new CUSIP number, 05614L209, after the reverse split. _____________ July 1, 2015 -- Babcock & Wilcox Enterprises, Inc. (B&W) (NYSE:BW) announced today that it has completed its spin-off from its former parent company and its stock will trade independently on the New York Stock Exchange beginning today. Former parent co. was Babcock & Wilcox Co. NYSE: BWC. which was also spun off as BWX Technologies NYSE: BWXT on same day.
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IPO - 2/9/2021 - 4.80 Million Notes @ $25.00/note.
Link to IPO Prospectus
Market Value $ Million
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Company's Online Information Links
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| Company's Online SEC EDGAR Filings |
| Company's Email Address Links |
| Address and Phone Numbers |
| Address: 1200 E. Market Street, Suite 650, Akron, OH 44305 |
| Main Phone Number |
330-753-4511 |
| Fax Number |
Not Available |
| Investor Relations
Megan Wilson
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704-625-4944
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| CEO - Kenneth Young |
CFO - Louis Salamone |
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