BWX Technologies Launches $500 Million Offering of Senior Unsecured Notes Due 2034

10:26 AM EST, 11/04/2026 (MT Newswires) -- BWX Technologies (BWXT) Wednesday launched a $500 million offering of senior unsecured notes due 2034 in a private transaction. Net proceeds from the offering, together with cash on hand, will be used to fund the purchase of 4.125% senior notes due 2028 and 4.125% senior notes due 2029 that are validly tendered and accepted, as well as to discharge the indentures governing the notes and pay related costs and expenses, according to a statement. Separately, BWX Technologies commenced cash tender offers for those notes. The tender offers will expire on Nov. 10, unless extended or earlier terminated. BWX Technologies expects settlement on Nov. 13. Shares of the company were down 4.5% in Wednesday trading. Price: 124.90, Change: -6.92, Percent Change: -5.25