Bwx technologies announces proposed convertible senior notes offering

Lynchburg, va.--(business wire)--bwx technologies, inc. (nyse: bwxt) (“bwxt”) announced today that it intends to offer, subject to market and other conditions, $1.0 billion aggregate principal amount of convertible senior notes due 2030 (the “notes”), to be sold only to persons reasonably believed to be qualified institutional buyers pursuant to rule 144a under the securities act of 1933, as amended (the “securities act”). bwxt also expects to grant to the initial purchasers of the notes an opt.
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