Babcock & Wilcox Enterprises, Inc. (B&W) has completed the full redemption of its 6.50% Senior Notes due 2026. The transaction involved an aggregate principal amount of $61.4 million.
The redemption was finalized on August 14, 2026, at 100% of the principal amount plus accrued and unpaid interest. No 2026 Notes remain outstanding following this action.
Chief Financial Officer Cameron Frymyer stated that retiring this senior debt strengthens the company's financial position. B&W aims to leverage its improved balance sheet to capture rising demand in the AI, data center, utility, and industrial sectors.