Item 8.01 Other Material Events
As previously announced, on December 13, 2021, Babcock & Wilcox Enterprises,
Inc., a Delaware corporation (the "Company") issued $140,000,000 aggregate
principal amount of its 6.50% senior notes due 2026 (the "Senior Notes")
pursuant to an underwriting agreement, dated December 8, 2021, by and between
the Company and B. Riley Securities, Inc., as representative of the several
underwriters named therein (the "Underwriters"). The Company also granted the
Underwriters a 30-day option to purchase up to an additional $21,000,000
principal amount of the Senior Notes to cover overallotments, if any.
On December 28, 2021, the Company received a notice that the Underwriters had
elected to exercise their overallotment option for an additional $11,440,250 in
aggregate principal amount of the Senior Notes. The Company closed the
overallotment option on December 30, 2021. As of the closing of the
overallotment option, a total of $151,440,250 in aggregate principal amount of
the Senior Notes have been sold. The net proceeds from the offering, including
the Senior Notes purchased pursuant to the overallotment option, after deducting
the Underwriters' discount and the estimated offering expenses payable by the
Company, were approximately $145,000,000.
2© Edgar Online, source Glimpses
BABCOCK & WILCOX ENTERPRISES, INC. 
