Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nyse  >  BWX Technologies Inc    

End-of-day quote. End-of-day quote  - 07/08
25.11 USD   +0.28%
01/05 BWX TECHNOLOGIE : BWXT to Present at CJS Securities Investor Confere..
01/02 BWX TECHNOLOGIE : BWXT awarded $35M contract
01/02 BWX TECHNOLOGIE : Business Brief
SummaryChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets 

Babcock & Wilcox Co : B&W Closes $700 Million Credit Facility; Extends Maturity to 2017

share with twitter share with LinkedIn share with facebook
share via e-mail
0
06/08/2012 | 07:10pm CET

The Babcock & Wilcox Company (NYSE: BWC) ("B&W") today announced that it has completed the amendment and restatement of its existing $700 million senior secured credit facility. B&W currently has no borrowings outstanding and approximately $218.5 million of letters of credit outstanding under the amended and restated facility. The entire unused amount is available for the issuance of performance and financial letters of credit, borrowing for working capital needs and general corporate purposes.

The amended and restated facility extends the maturity date of the credit facility to June 2017 and reduces the interest rate on borrowings under the credit facility to LIBOR + 1.5%, which rate will vary if the credit rating for the facility changes. It also includes an option permitting B&W to increase the size of the credit facility by up to an additional $300 million by receiving commitments from new or existing lenders.

"We are pleased with the results of the syndication of our amended and restated credit facility, as well as with the excellent relationships we have with our Lender group," said Anthony S. Colatrella, B&W's Senior Vice President and Chief Financial Officer. "The revised facility increases our financial flexibility and supports our ability to meet our operating and strategic goals."

Merrill Lynch, Pierce, Fenner & Smith Incorporated, BNP Paribas Securities Corp., J.P. Morgan Securities LLC, and Wells Fargo Securities, LLC acted as joint lead arrangers and joint book running managers for the transaction.

About B&W

The Babcock & Wilcox Company is a leader in advanced energy technology and services, primarily for the nuclear, fossil and renewable power markets as well as a premier advanced technology and mission critical defense contractor. B&W has locations worldwide and employs approximately 12,700 people, in addition to approximately 10,400 joint venture employees. Please visit our website at www.babcock.com.

The Babcock & Wilcox Company
Michael P. Dickerson, Vice President and Investor Relations Officer, 704-625-4944
investors@babcock.com


© Business Wire 2012
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on BWX TECHNOLOGIES INC
01/17 BWX TECHNOLOGIES : NRC Receives Event Notification Report on BWX Technologies
01/05 BWX TECHNOLOGIES : BWXT to Present at CJS Securities Investor Conference
01/02 BWX TECHNOLOGIES : BWXT awarded $35M contract
01/02 BWX TECHNOLOGIES : Business Brief
2016 BWX TECHNOLOGIES : BWXT completes GE Hitachi Nuclear Energy Canada buy
2016 BWX TECHNOLOGIES : BWXT Awarded $35 Million Contract to Develop and Fabricate Pa..
2016 BWX TECHNOLOGIES : BWXT acquires nuclear business GE Hitachi
2016 BWX TECHNOLOGIES : BWXT acquires GE Hitachi Canada
2016 BWX TECHNOLOGIES : BWXT Completes Acquisition of GE Hitachi Nuclear Energy Canad..
2016 BWX TECHNOLOGIES : BWXT announces Rex D. Geveden as next President and Chief Exe..
More news
Sector news : Aerospace & Defense - NEC
08:11a Indonesia watchdog says former CEO of airline Garuda a bribery suspect
04:02aDJBOEING : U.S. Air Force Missile-Tracking Satellite Launch Scrubbed From Florida
01:05a EXCLUSIVE : Spirit AeroSystems mulls sending U.S. supply chain jobs overseas
01/19 Davos CEOs 'go local' on supply chain in Trump era
01/19DJMARKET SNAPSHOT : Dow Struggles To End 4-session Skid On Upbeat Data, Dovish Dra..
More sector news : Aerospace & Defense - NEC
News from SeekingAlpha
2015 BWX Tech lands NASA contract
2015 Babcock & Wilcox to split into two
2015 How To Judge A Business' Durability
2015 Babcock & Wilcox approve spin-off
2015 When Should You Diversify?
Advertisement
Financials ($)
Sales 2016 1 514 M
EBIT 2016 259 M
Net income 2016 183 M
Debt 2016 333 M
Yield 2016 0,92%
P/E ratio 2016 23,28
P/E ratio 2017 22,43
EV / Sales 2016 2,94x
EV / Sales 2017 2,69x
Capitalization 4 117 M
More Financials
Chart BWX TECHNOLOGIES INC
Duration : Period :
BWX Technologies Inc Technical Analysis Chart | US05615F1021 | 4-Traders
Full-screen chart
Income Statement Evolution
More Financials
Consensus 
Mean consensus OUTPERFORM
Number of Analysts 6
Average target price 46,7 $
Spread / Average Target 12%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Peyton Sandy Baker President, CEO & Class I Director
John A. Fees Executive Chairman
Rex D. Geveden Chief Operating Officer
David S. Black Chief Financial Officer, Treasurer & Senior VP
Richard Willard Mies Independent Class III Director
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
BWX TECHNOLOGIES INC-17.13%4 117
UNITED TECHNOLOGIES CO..1.01%91 176
LOCKHEED MARTIN CORPOR..2.84%75 304
GENERAL DYNAMICS CORPO..2.98%54 147
AIRBUS GROUP3.99%54 031
RAYTHEON COMPANY3.49%43 151
More Results