• Babcock & Wilcox priced an underwritten public offering of 10,810,811 common shares at USD 18.5 per share, targeting gross proceeds of about USD 200 million.
• Underwriters received a 30-day option to buy up to 15% additional shares at offering price, less discounts and commissions.
• Closing expected May 18, 2026, subject to customary conditions.
• Net proceeds earmarked primarily for prepaying amounts under company credit agreement, with potential reborrowing to fund project capital needs, growth initiatives, potential acquisitions, balance sheet support, general corporate purposes.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Babcock & Wilcox Enterprises Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202605150700BIZWIRE_USPR_____20260515_BW410605) on May 15, 2026, and is solely responsible for the information contained therein.