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Published on 7/7/2008 in the Prospect News Convertibles Daily.

Halliburton's 3.125% convertibles are putable Aug. 4

By Angela McDaniels

Tacoma, Wash., July 7 - Halliburton Co. said holders of its 3.125% convertible senior notes due 2023 may put their notes back to the company on Aug. 4.

The purchase price will be par plus accrued interest, according to a company news release.

The company issued $1 billion of the notes in 2003. They are putable in 2008, 2013 and 2018.

Halliburton is based in Houston and provides products and services to the energy industry.


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