---
title: "Woodward Secures $450 Million Senior Notes Private Placement, Maturing 2029–2033"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/296644910.md"
description: "Woodward secured a $450 million private placement of senior unsecured notes maturing in 2029, 2030, and 2033. The issuance aims to enhance liquidity and support corporate purposes. Interest rates range from 5.34% to 5.64%, with a leverage-linked step-up. The deal closes on September 30, 2026, and is guaranteed by two wholly owned subsidiaries."
datetime: "2026-08-21T18:53:02.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/296644910.md)
  - [en](https://longbridge.com/en/news/296644910.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/296644910.md)
generator: "portal-rs"
---

# Woodward Secures $450 Million Senior Notes Private Placement, Maturing 2029–2033

Woodward entered into a Note Purchase Agreement for a $450 million private placement of senior unsecured notes to enhance liquidity and support corporate purposes. The issuance comprises $150 million Series U due 2029 at 5.34%, $150 million Series V due 2030 at 5.39%, and $150 million Series W due 2033 at 5.64%, with a 0.75% step-up tied to leverage. Interest is payable semi-annually, and the notes are guaranteed by two wholly owned subsidiaries. Closing is scheduled for September 30, 2026, with customary covenants, events of default, and optional prepayment provisions.

**Agreement details:**

-   **Agreement type**: Private placement of senior unsecured notes (Series U, V, W)
-   **Counterparty**: Purchasers party thereto
-   **Signed / Effective**: Aug 19 2026 / Sep 30 2026
-   **Duration / Termination**: Up to 7 years (maturities 2029, 2030, 2033)
-   **Reason**: Strengthen liquidity and term out debt

Original SEC Filing: Woodward, Inc. \[ WWD \] - 8-K - Aug. 21, 2026

**Disclaimer**

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**