BW - Public offerings

Babcock & Wilcox Enterprises, Inc. ("B&W" or the "Company") (NYSE:BW) announced today the closing of its previously announced underwritten public offering of 12,432,432 shares of its common stock at a price to the public of $18.50 per share (the "Offering"). The 12,432,432 shares of common stock sold in the Offering reflect the full exercise by the underwriters of their option to purchase up to an additional 1,621,621 shares of common stock at the public offering price, less underwriting discounts and commissions. The Company received gross proceeds of approximately $230 million, before deducting underwriting discounts and commissions and estimated offering expenses payable by the Company.

Babcock & Wilcox Enterprises, Inc. ("B&W" or the "Company") (NYSE:BW) announced that it priced an underwritten public offering of 10,810,811 shares of its common stock at a price to the public of $18.50 per share (the "Offering"), for gross proceeds of approximately $200 million, before deducting underwriting discounts and commissions and estimated offering expenses payable by the Company. The Company has granted the underwriters a 30-day option to purchase up to an additional 15% of its common stock sold in the Offering at the public offering price, less underwriting discounts and commissions. All of the shares in the Offering are being offered by B&W. The Offering is expected to close on

Babcock & Wilcox Enterprises, Inc. ("B&W" or the "Company") (NYSE:BW) announced the commencement of an underwritten public offering of $200 million of its common stock (the "Offering"). The Company expects to grant the underwriters a 30-day option to purchase up to an additional 15% of its common stock sold in the proposed offering. All of the shares in the Offering are being offered by B&W. The Offering is subject to market and other conditions, and there can be no assurance as to whether or when the Offering may be completed, or as to the actual size or terms of the Offering. The Company expects to use the net proceeds of this Offering to prepay amounts outstanding under its Credit Agre

Babcock & Wilcox Enterprises, Inc. ("B&W" or the "Company") (NYSE:BW) announced the closing of the previously announced sale of the Italy-based SPIG S.p.A. (SPIG) group of companies and Sweden-based Babcock & Wilcox Vølund AB — formerly known as Götaverken Miljö AB (GMAB) — to AUCTUS Capital Partners AG for approximately $40 million, subject to customary adjustments and expenses. About Babcock & Wilcox Headquartered in Akron, Ohio, Babcock & Wilcox Enterprises, Inc. is a leader in energy and environmental products and services for power and industrial markets worldwide. Follow us on LinkedIn and learn more at babcock.com. Forward-Looking Statements B&W cautions that this release contain

Proceeds to be used for general corporate purposes, which may include (without limitation) funding potential acquisitions, project-related capital and working capital, and to support clean energy growth initiatives Babcock & Wilcox Enterprises, Inc. ("B&W" or the "Company") (NYSE:BW) announced that on December 13, 2021 it closed an underwritten public offering of $140 million aggregate principal amount of 6.50% senior notes due 2026 (the "Senior Notes"). Gross proceeds are exclusive of underwriting discounts and commissions and estimated offering expenses payable by the Company. B&W and the Senior Notes both received a rating of BB+ from Egan-Jones Ratings Company, an independent, unaffil

Proceeds to be used for general corporate purposes, which may include (without limitation) funding potential acquisitions, project-related capital and working capital, and to support clean energy growth initiatives Babcock & Wilcox Enterprises, Inc. ("B&W" or the "Company") (NYSE:BW) announced that on December 8, 2021 it priced an underwritten public offering of $140 million aggregate principal amount of 6.50% senior notes due 2026 (the "Senior Notes"). B&W has granted the underwriters a 30-day option to purchase up to an additional $21 million aggregate principal amount of Senior Notes in connection with the offering. The offering is expected to close on December 13, 2021, subject to the

Proceeds to be used for general corporate purposes, which may include (without limitation) funding potential acquisitions, project-related capital and working capital, and to support clean energy growth initiatives Babcock & Wilcox Enterprises, Inc. ("B&W" or the "Company") (NYSE:BW) announced the commencement of an underwritten registered public offering of $125 million aggregate principal amount of senior notes due 2026 (the "Senior Notes"). B&W expects to grant the underwriters a 30-day option to purchase additional Senior Notes in connection with the offering. The interest rate and certain other terms of the Senior Notes will be determined at the time of the pricing of the offering. Th

Strong Second Quarter with Significant Year-Over-Year Improvements in Revenue, Net Income, and Adjusted EBITDA Q2 2021 Highlights: - Revenues of $202.9 million, a 49.8% improvement compared to second quarter 2020 - Net income of $3.1 million, compared to net loss of $18.1 million in second quarter 2020 - Earnings per share of $0.02, compared to loss per share of $0.39 in second quarter 2020 - Consolidated adjusted EBITDA of $15.1 million, compared to $1.7 million in second quarter 2020 - Bookings of $168 million, a 100% improvement compared to second quarter of 2020 - Launched ClimateBrightTM decarbonization technologies platform Babcock & Wilcox Enterprises, Inc. ("B&W" or the "C

Proceeds to be used for general corporate purposes, including clean energy growth initiatives, potential future acquisitions and reduction of net leverage Babcock & Wilcox Enterprises, Inc. ("B&W" or the "Company") (NYSE:BW) announced that on May 7, 2021 it closed an underwritten registered public offering of 4,000,000 shares of its 7.75% Series A Cumulative Perpetual Preferred Stock, par value $0.01 per share with a liquidation preference of $25.00 per share (the "Preferred Stock"), at an offering price of $25.00, for gross proceeds of approximately $100 million before deducting underwriting discounts and commissions and estimated offering expenses payable by the Company. B&W granted the

Proceeds to be used for general corporate purposes, including clean energy growth initiatives, potential future acquisitions and reduction of net leverage Babcock & Wilcox Enterprises, Inc. ("B&W" or the "Company") (NYSE:BW) announced the pricing of its underwritten registered public offering of 4,000,000 shares of its 7.75% Series A Cumulative Perpetual Preferred Stock, par value $0.01 per share with a liquidation preference of $25.00 per share (the "Preferred Stock"), at an offering price of $25.00, for gross proceeds of approximately $100 million before deducting underwriting discounts and commissions and estimated offering expenses payable by the Company. B&W has granted the underwrite

Proceeds to be used for general corporate purposes, including clean energy growth initiatives, potential future acquisitions and reduction of net leverage Babcock & Wilcox Enterprises, Inc. ("B&W" or the "Company") (NYSE:BW) announced the commencement of an underwritten registered public offering of shares of $50 million aggregate amount of its Series A Cumulative Perpetual Preferred Stock, par value $0.01 per share with a liquidation preference of $25.00 per share (the "Preferred Stock"). B&W expects to grant the underwriters a 30-day option to purchase additional shares of the Preferred Stock in connection with the offering. The dividend rate and certain other terms of the Preferred Stoc

AKRON, Ohio--(BUSINESS WIRE)--Babcock & Wilcox Enterprises, Inc. ("B&W" or the "Company") (NYSE: BW) announced results for the fourth quarter and full year 2020. "Our results for the fourth quarter and full year 2020 reflect the ongoing positive impact of our strategic actions, cost savings initiatives, and strong management and operational effectiveness, despite the impacts of COVID-19 across our segments, and we are confident in our ability to achieve our previously stated adjusted EBITDA targets of $70-$80 million and $95-$105 million, in 2021 and 2022, respectively1," said Kenneth Young, B&W's Chairman and Chief Executive Officer. "Our actions in 2020 and year-to-date, which

AKRON, Ohio--(BUSINESS WIRE)--Babcock & Wilcox Enterprises, Inc. ("B&W" or the "Company") (NYSE: BW) announced that on February 12, 2021 it closed an underwritten public offering of 29,487,180 shares of common stock, which included 3,846,154 shares issued in connection with the underwriter’s option to purchase additional shares, at a price to the public of $5.85 per share, for gross proceeds of approximately $172.5 million. The Company also announced that on February 12, 2021 it closed an underwritten public offering of $125.0 million aggregate principal amount of 8.125% senior notes due 2026, which included $5 million aggregate principal amount of senior notes issued in connection

AKRON, Ohio--(BUSINESS WIRE)--Babcock & Wilcox Enterprises, Inc. ("B&W" or the "Company") (NYSE: BW) announced that on February 10, 2021 it priced an underwritten public offering of $120 million aggregate principal amount of 8.125% senior notes due 2026. B&W has granted the underwriters a 30-day option to purchase up to an additional $5 million aggregate principal amount of senior notes in connection with the offering. The offering is expected to close on February 12, 2021, subject to customary closing conditions. B&W and the senior notes both received a rating of BB+ from Egan-Jones Ratings Company, an independent, unaffiliated rating agency. The Company has applied to list the

AKRON, Ohio--(BUSINESS WIRE)--Babcock & Wilcox Enterprises, Inc. ("B&W" or the "Company") (NYSE: BW) announced that it priced an underwritten registered public offering of 25,641,026 shares of its common stock at a price to the public of $5.85 per share (the “Offering”), for gross proceeds of approximately $150 million, before deducting underwriting discounts and commissions and estimated offering expenses payable by the Company. The Company has granted the underwriter a 30-day option to purchase up to an additional 3,846,154 of its common stock sold in the proposed offering at the public offering price, less underwriting discounts and commissions. The offering is expected to close

AKRON, Ohio--(BUSINESS WIRE)--Babcock & Wilcox Enterprises, Inc. ("B&W" or the "Company") (NYSE: BW) announced the commencement of an underwritten public offering of $110 million aggregate principal amount of senior notes due 2026. B&W expects to grant the underwriters a 30-day option to purchase additional senior notes in connection with the offering. The offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering. B&W and the senior notes both received a rating of BB+ from Egan-Jones Ratings Company, an independent, unaffiliated rating agency. The Compan

AKRON, Ohio--(BUSINESS WIRE)--Babcock & Wilcox Enterprises, Inc. ("B&W" or the "Company") (NYSE: BW) announced the commencement of an underwritten public offering of shares of its common stock. B&W expects to grant the underwriters a 30-day option to purchase up to an additional 15% of its common stock sold in the proposed offering. All of the shares in the offering are being offered by B&W. The offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering. B&W intends to use the net proceeds of the offering to support clean energy growth initiatives and to subs