Latest news with #BW
Associated Press
3 days ago
- Business
- Associated Press
Babcock & Wilcox Announces Results of Its Cash Tender Offers For Two Series of Notes
AKRON, Ohio--(BUSINESS WIRE)--Aug 15, 2025-- Babcock & Wilcox Enterprises, Inc. ('B&W' or the 'Company') (NYSE: BW) announced today the expiration and results of its previously announced offers to purchase for cash (the 'Cash Offers') up to a maximum $70 million aggregate amount (the 'Offer Cap') of Tender Consideration (as defined below) of the Company's 8.125% Senior Notes due 2026 (the 'February 2026 Notes') and 6.50% Senior Notes due 2026 (the 'December 2026 Notes' and, together with the February 2026 Notes, the 'Notes'). The Cash Offers expired at 5:00 p.m., New York City time, on August 15, 2025 (the 'Expiration Time'). As of the Expiration Time, an aggregate principal amount of: (i) $109,021,800 of the February 2026 Notes were outstanding and an aggregate principal amount of $5,602,000 or approximately 5.14%, of the February 2026 Notes were validly tendered and not validly withdrawn; and (ii) $103,632,975 of the December 2026 Notes were outstanding and an aggregate principal amount of $2,693,100 or approximately 2.60%, of the December 2026 Notes were validly tendered and not validly withdrawn. The Company has accepted for payment all Notes validly tendered and not validly withdrawn prior to the Expiration Time pursuant to the settlement procedures described in the Offer to Purchase, dated June 5, 2025. Requests for documents relating to the Cash Offers may be directed to D.F. King & Co., Inc., the Tender Agent and Information Agent for the tender offer, at (800) 769-4414 (toll-free) or 212-269-5550 (collect). B. Riley Securities, Inc. acted as Dealer Manager for the Cash Offers. Questions regarding the Cash Offers may be directed to B. Riley Securities, Inc. by email at [email protected] or by calling toll-free at (833) 528-1067. This press release is not an offer to sell, or a solicitation of an offer to buy any of the securities described therein. About Babcock & WilcoxView source version on CONTACT: For more information, contact: [email protected] +1-704-625-4944For holders of Notes, contact: D.F. King & Co., Inc. Phone: (800) 769-4414 (toll free) 212-269-5550 (collect)Media Contact Ryan Cornell Public Relations Babcock & Wilcox 330.860.1345 [email protected] KEYWORD: OHIO UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: ENVIRONMENT OTHER ENERGY UTILITIES OIL/GAS COAL ALTERNATIVE ENERGY SUSTAINABILITY ENERGY NUCLEAR SOURCE: Babcock & Wilcox Enterprises, Inc. Copyright Business Wire 2025. PUB: 08/15/2025 09:07 PM/DISC: 08/15/2025 09:06 PM
Globe and Mail
3 days ago
- Business
- Globe and Mail
Babcock & Wilcox Announces Results of Its Cash Tender Offers For Two Series of Notes
Babcock & Wilcox Enterprises, Inc. ('B&W' or the 'Company') (NYSE: BW) announced today the expiration and results of its previously announced offers to purchase for cash (the 'Cash Offers') up to a maximum $70 million aggregate amount (the 'Offer Cap') of Tender Consideration (as defined below) of the Company's 8.125% Senior Notes due 2026 (the 'February 2026 Notes') and 6.50% Senior Notes due 2026 (the 'December 2026 Notes' and, together with the February 2026 Notes, the 'Notes'). The Cash Offers expired at 5:00 p.m., New York City time, on August 15, 2025 (the 'Expiration Time'). As of the Expiration Time, an aggregate principal amount of: (i) $109,021,800 of the February 2026 Notes were outstanding and an aggregate principal amount of $5,602,000 or approximately 5.14%, of the February 2026 Notes were validly tendered and not validly withdrawn; and (ii) $103,632,975 of the December 2026 Notes were outstanding and an aggregate principal amount of $2,693,100 or approximately 2.60%, of the December 2026 Notes were validly tendered and not validly withdrawn. The Company has accepted for payment all Notes validly tendered and not validly withdrawn prior to the Expiration Time pursuant to the settlement procedures described in the Offer to Purchase, dated June 5, 2025. Requests for documents relating to the Cash Offers may be directed to D.F. King & Co., Inc., the Tender Agent and Information Agent for the tender offer, at (800) 769-4414 (toll-free) or 212-269-5550 (collect). B. Riley Securities, Inc. acted as Dealer Manager for the Cash Offers. Questions regarding the Cash Offers may be directed to B. Riley Securities, Inc. by email at corporateactions@ or by calling toll-free at (833) 528-1067. This press release is not an offer to sell, or a solicitation of an offer to buy any of the securities described therein.
NDTV
12-06-2025
- Entertainment
- NDTV
Triptii Dimri's Old Advert Of Gas Oven Maker Goes Viral Amid Deepika-Vanga Row
Triptii Dimri's clippings from old auditions and advertisements, somehow, manage to make it to the headlines. After she replaced Deepika Padukone in Sandeep Reddy Vanga's Spirit, another old advert of Triptii has been doing the rounds on social media. This time, it's an advert of gas oven maker. What's Happening A Reddit user shared Triptii's image with the caption, "Pehchan kaun? Found this on my bati oven box. Never paid attention to the girl on the cover till my husband pointed it out. This thing is almost 6 years old, wonder when this ad was shot." The post drew diverse reactions from Reddit users. A section of the users pointed out that the picture is a stock image. "This ad was shot 8-9 years ago as part of stock model photography," wrote a user. Commenting on Triptii's meteoric rise, a user wrote, "From endorsing Hotlite tandoori oven to becoming unexpected national crush & one of the most sought after BW actresses Tripti indeed came a long way." Another user wrote, "Aww she worked hard for where she's is today!! Such an inspiration! Love her!" Another comment read, "She has come up the hard way. Whoever bad mouths her for trivial reasons, is just jealous." Pehchan kaun? by u/Historical-Credit268 in BollyBlindsNGossip Triptii's Career Triptii Dimri made a quiet debut in Laila Majnu (2018). Later, she proved her acting calibre in films like Bulbbul (2020) and Qala (2022). Triptii earned the tag of national crush with her cameo in Sandeep Reddy Vanga's Animal. Her bold scenes with Ranbir Kapoor drew flak as well as made her an overnight sensation. In the last couple of months, she was seen in films like Bad Newz, Bhool Bhulaiyaa 3 and Vicky Aur Vidya Ka Voh Wala Video. In A Nutshell
Hindustan Times
26-05-2025
- General
- Hindustan Times
India rushes to contain oil spill as vessel sinks off Kerala coast
KOCHI/ BENGALURU -Authorities in the southern Indian state of Kerala were scrambling to contain an oil spill on Monday after a container vessel sank, leaking fuel into the Arabian Sea and releasing 100 cargo containers into the water. The Liberia-flagged MSC ELSA3 ship was travelling from Vizhinjam on India's southern tip to Kochi when it capsized about 38 nautical miles off Kerala on Saturday, officials said, adding that all 24 crew members had been rescued. The entire ship has since been "submerged", the Kerala chief minister's office said in a statement on Sunday without elaborating on the cause of the incident. "The Coast Guard is taking steps to block the oil with two ships. A Dornier aircraft is also being used to spray oil-destroying powder on the oil slick," the statement said. The vessel was carrying 640 containers, including 13 with "hazardous cargo" and 12 with calcium carbide, the Indian coast guard said, without disclosing the contents of the containers that fell into the sea. Cyprus-based MSC Shipmanagement, which owns the vessel, did not immediately respond to a request for comment. The Kerala coast has been put on high alert, with local coastal bodies instructed not to touch or go near the containers - some of which began washing up on beaches on Monday - and fishermen advised not to venture into the sea. Authorities in the state's Kollam region have encouraged people living nearby to move to safer places. Accidental oil spills in the ocean can have far-reaching effects, putting marine ecosystems to the local fishing industry at risk. The collision of a BW LPG vessel and a local ship carrying heavy fuel oil caused a similar oil spill in 2017 near the southern city of Chennai, which harmed aquatic life and affected the livelihood of thousands of fishermen.
Washington Post
12-05-2025
- Business
- Washington Post
Babcock & Wilcox: Q1 Earnings Snapshot
AKRON, Ohio — AKRON, Ohio — Babcock & Wilcox Enterprises Inc. (BW) on Monday reported a loss of $22 million in its first quarter. On a per-share basis, the Akron, Ohio-based company said it had a loss of 26 cents. Losses, adjusted to account for discontinued operations and asset impairment costs, came to 10 cents per share.
