BWXT Extends $1.25 Billion Revolving Credit Facility to 2031
On November 3, 2026, BWXT entered into the First Amendment to its Second Amended and Restated Credit Agreement, extending the $1.25 billion senior secured revolving credit facility by one year to November 10, 2031. The amendment makes the minimum interest coverage ratio inapplicable when no default or event of default exists and BWXT has investment-grade corporate or corporate family ratings, with stable outlook or better, from at least two designated rating agencies. Pricing will use the lower of the leverage-b...
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