Babcock & Wilcox Enterprises, Inc. has announced a cash tender offer to purchase up to $70 million of its senior notes due in 2026. The offer includes the 8.125% Senior Notes and the 6.50% Senior Notes, listed on the New York Stock Exchange under the symbols "BWSN" and "BWNB," respectively. The tender offer is contingent upon the sale of Diamond Power International, LLC, with proceeds expected to fund the transaction. The offer will expire on July 11, 2025, with a settlement date anticipated on July 14, 2025. Holders of the notes will receive accrued interest up to, but excluding, the settlement date.
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