BRISTOL, Conn.--(BUSINESS WIRE)--July 10, 2007--Barnes Group Inc.
(NYSE: 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 during the 30 consecutive trading days preceding June 29,
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. Accordingly, from July 1, 2007 until September 30, 2007,
such notes are eligible for conversion as provided in the Indenture
relating to 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. Over 6,600 dedicated
employees at more than 65 locations worldwide contribute to Barnes
Group Inc.'s success. For more information, visit
www.barnesgroupinc.com.
CONTACT: Barnes Group Inc.
Brian D. Koppy
Investor Relations
(860) 973-2126
or
Stephen J. McKelvey
Corporate Communications
(860) 973-2132
SOURCE: Barnes Group