Barnes Group 3.75% senior subordinated notes remain convertible

By Devika Patel

Knoxville, Tenn., July 10 - Barnes Group Inc. announced that its 3.75% convertible senior subordinated notes due 2025 have become convertible into shares of the company's common stock and will remain so until Sept. 30.

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 June 29.

The manufacturer of precision metal components and assemblies is based in Bristol, Conn.

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