Babcock & Wilcox Announces New Debt Repurchase Authorization
AKRON, Ohio--(BUSINESS WIRE)---- $BW--B&W's Board of Directors has authorized the repurchase of outstanding 8.125% Senior Notes due 2026 and 6.50% Senior Notes due 2026.
How does this debt‑repurchase strategy compare to recent actions taken by peer companies in the industrial services sector?
What is the expected market reaction in terms of BW’s stock price and bond yields following this announcement?
How will the repurchase of the 8.125% and 6.50% Senior Notes affect Babcock & Wilcox’s credit metrics and borrowing costs?
about 15 hours ago