Barnes Group Inc. Delivers Company Notice to Holders of 3.75% Convertible Senior Subordinated Notes Due 2025.BRISTOL, Conn. -- Barnes Group Inc. (NYSE NYSE See: New York Stock Exchange : B) today delivered a notice to holders of its 3.75% Convertible Senior Subordinated Notes Due 2025 to the effect that, for at least 20 trading days In Business, the trading day is the time span that a particular stock exchange is open. For example, the New York Stock Exchange is, as of 2006, open from 09:30AM to 4:00PM. Trading days never take place on weekends. during the 30 consecutive trading days preceding September 28, 2007, the closing price of the Company's common stock was greater than or equal to 130% of the conversion price of such notes on such last trading day Last Trading Day The final day that a futures or options contract may trade or be closed out before delivery of the underlying asset must occur. Notes: If the buying and selling parties do not arrange an alternate agreement, the physical commodity must be delivered from . Accordingly, from October 1, 2007 until December 31, 2007, such notes are eligible for conversion as provided in the Indenture An agreement declaring the benefits and obligations of two or more parties, often applicable in the context of Bankruptcy and bond trading. The term indenture primarily describes secured contracts and has several applications in U.S. law. relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc such notes. Celebrating its 150th anniversary in 2007, Barnes Group Inc. (NYSE:B) is an international aerospace and industrial components manufacturer and full-service distribution company focused on achieving consistent, sustainable and predictable results. Founded in 1857, Barnes Group consists of three businesses: Barnes Aerospace, Barnes Distribution and Barnes Industrial. Nearly 6,500 dedicated employees at more than 65 locations worldwide contribute to Barnes Group Inc.'s success. For more information, visit www.barnesgroupinc.com. |
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