Print Page | Close Window

Barnes Group Inc. Delivers Company Notice to Holders of 3.75% Convertible Senior Subordinated Notes Due 2025

BRISTOL, Conn.--(BUSINESS WIRE)--Jan. 9, 2008--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 ending December 31, 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 December 31, 2007. Accordingly, from January 2, 2008 until March 31, 2008, such notes are eligible for conversion as provided in the Indenture relating to such notes.

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. Nearly 6,500 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.
Investor Relations:
Brian D. Koppy, 860-973-2126
or
Media:
Stephen J. McKelvey, 860-973-2132

SOURCE: Barnes Group Inc.