B&W Company News
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B&W Provides Update and Amends Rights Offering

4/10/2018

(CHARLOTTE, N.C. — April 10, 2018) — Babcock & Wilcox Enterprises, Inc. (B&W) (NYSE: BW) today provided an investor update, and announced that it amended the terms of and extended the expiration date for its pending common stock rights offering.
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B&W Amends Rights Offering

4/10/2018

(CHARLOTTE, N.C. – April 10, 2018) – Babcock & Wilcox Enterprises, Inc. (“B&W”) (NYSE: BW) announced today that it is extending the expiration date and amending other terms of its previously announced rights offering, which commenced on March 19, 2018. Pursuant to the rights offering, B&W distributed one nontransferable subscription right to purchase additional common shares for each common share held as of 5:00 p.m., New York City time, on March 15, 2018 (the “Rights Distribution Record Date”).  The Rights Distribution Record Date is not being amended.
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Ronald C. Lenzer Honored as 39th Recipient of B&W’s Engineering Honors Award

3/28/2018

(BARBERTON, Ohio – March 28, 2018) – Ronald C. Lenzer, an engineer with more than 40 years of service at Babcock & Wilcox (B&W), has been named the 39th recipient of the company’s Engineering Honors Award in recognition of his professional achievements, dedication and mentorship.
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B&W Awarded Boiler Equipment Replacement Contract

3/20/2018

(CHARLOTTE, N.C. – March 20, 2018) – Babcock & Wilcox Enterprises, Inc. (NYSE:BW) announced today that its subsidiary, The Babcock & Wilcox Company (B&W), has been awarded a contract for more than $50 million to design and supply boiler equipment for an existing North American power plant. The majority of the value of this contract will be booked in first quarter 2018.
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B&W Commences Rights Offering

3/19/2018

(CHARLOTTE, N.C. – March 19, 2018) – Babcock & Wilcox Enterprises, Inc. (the “Company”) (NYSE: BW) announced today that it commenced a rights offering (“Rights Offering”) originally announced on March 1, 2018. Pursuant to the Rights Offering, the Company is distributing to holders of the Company’s common shares one nontransferable subscription right (a “Right”) to purchase 1.4 common shares for each common share held as of 5:00 p.m., New York City time, on March 15, 2018 (the “Rights Distribution Record Date”) at a price of $3.00 per common share (the “Subscription Price”). The Company will not issue any fractional common shares in the Rights Offering and exercises of Rights will be rounded down to the nearest whole common share. In addition, the Company will not issue fractional Rights, or pay cash in lieu of fractional Rights.
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