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Babcock & Wilcox Enterprises, Inc. 6.50% Senior Notes due 2026 - $BWNB STOCK NEWS

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Rhea-AI Summary
Babcock & Wilcox Enterprises, Inc. (BW) has entered into a new three-year senior secured credit agreement with Axos Bank, providing an asset-based revolving credit facility of up to $150 million. The refinancing is expected to save the company approximately $4 million in annual interest costs. Additionally, the company and its Senior Unsecured Notes received a reaffirmed credit rating of 'BB+' from the Egan-Jones Ratings Company.
Rhea-AI Impact
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End-of-Day
3.91%
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Babcock & Wilcox Enterprises, Inc. 6.50% Senior Notes due 2026

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Heating Equipment, Except Electric & Warm Air Furnaces
United States of America
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