BWXT - BWXT closes amended and restated credit agreement
- BWX Technologies ( NYSE: BWXT ) has closed on an amended and restated credit agreement with Wells Fargo Bank and other lenders that increases the company’s liquidity while improving a number of key terms for BWXT.
- The amended and restated credit agreement, provides for a new $250M Term A Loan that matures Oct. 12, 2027, which the company used to repay outstanding borrowings under its existing $750M Revolving Credit Facility.
- Also, extends the maturity date of the existing $750M Revolving Credit Facility by ~2 1/2 years to Oct. 12, 2027.
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BWXT closes amended and restated credit agreement