NYSE:CWAerospace & Defense
Curtiss-Wright’s Expanded US$1 Billion Credit Facility Might Change The Case For Investing In CW
Curtiss-Wright recently entered into a new five-year syndicated revolving credit agreement, expanding its facility to US$1.00 billion with a US$500 million accordion feature maturing in May 2031, while also announcing a US$0.2600 quarterly dividend payable on July 6, 2026.
By terminating its earlier, smaller facility and extending committed bank financing, the company has signaled an emphasis on funding potential acquisitions and internal growth while maintaining balance sheet...