Barnes Group exchanges shares for $17.21 million 3.375% convertibles

By Lisa Kerner

Charlotte, N.C., Aug. 26 - Barnes Group Inc. sold a total of 1,154,265 treasury shares of its common stock between Aug. 7 and Aug. 21 in exchange for $17,214,000 total principal amount of its 3.375% senior subordinated convertible notes due 2027, according to a form 8-K filed with the Securities and Exchange Commission.

The company, based in Bristol, Conn., operates as an aerospace and industrial components manufacturing and logistical services company.

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