BWX Technologies secures consent for debt covenant amendments
BWXT•BWX Technologies accepted $370.59 million of 2028 Senior Notes and $371.31 million of 2029 Senior Notes for repurchase. Settlement is scheduled for November 13, 2026, subject to conditions including completion of a new notes offering.
1. Notes accepted for repurchase
BWX Technologies accepted $370.59 million of Senior Notes due 2028 and $371.31 million of Senior Notes due 2029 for repurchase. The consideration per $1,000 principal is $983.15 for the 2028 notes and $974.44 for the 2029 notes, excluding accrued interest. Settlement is scheduled for November 13, 2026, subject to conditions including completion of a new notes offering; the purchased notes will be canceled. Required consents were obtained for both series, and the indenture amendments become operative upon payment at settlement.
