--- 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. ### Related Stocks - [WWD.US](https://longbridge.com/en/quote/WWD.US.md) ## Related News & Research - [LyondellBasell announces dividend of R$ 1.72 per unit for 3Q 2026](https://longbridge.com/en/news/297814383.md) - [Quanta Services announces dividend of R$ 0.03 per unit for Q3 2026](https://longbridge.com/en/news/297931955.md) - [Marisa updates financial events calendar for 2026](https://longbridge.com/en/news/297913424.md) - [J.M. Smucker announces dividend of R$ 1.94 per unit for Q3 2026](https://longbridge.com/en/news/297931100.md) - [PulteGroup declares Q3 2026 dividend of R$ 0.9 per unit](https://longbridge.com/en/news/297931957.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**