BWX Technologies launches $500 million senior unsecured debt offering
BWXT•BWX Technologies launched a private offering of $500 million in senior unsecured notes due 2034. Proceeds and cash on hand will fund tender offers for its 4.13% notes due 2028 and 2029, discharge their indentures, cover notes not purchased and pay related costs.
1. Debt offering
BWX Technologies launched a private offering of $500 million in senior unsecured notes due 2034. Proceeds, together with cash on hand, will fund tender-offer purchases of its existing 4.13% Senior Notes due 2028 and 2029, discharge the notes’ indentures, cover notes not purchased in the tender offer and pay related costs.
