Barnes Group 3.75% senior subordinated notes remain convertible through fourth quarter

By Devika Patel

Knoxville, Tenn., Oct. 10 - Barnes Group Inc. announced that its 3.75% convertible senior subordinated notes due 2025 will remain convertible into common shares until Dec. 31.

The convertability is a result of Barnes stock exceeding 130% of the conversion price for at least 20 out of the last 30 trading days in the quarter ended Sept. 28.

The manufacturer of aerospace and industrial components is based in Bristol, Conn.

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