Halliburton Announces the Redemption of Senior Notes Due 2021
July 01 2021 - 7:00AM
Business Wire
Halliburton (NYSE: HAL) announced today that it will redeem the
entire outstanding principal amount of its 3.25% Senior Notes due
2021 (the “Notes”). The redemption date for the Notes is August 15,
2021. The aggregate principal amount of the Notes outstanding is
$500 million. The redemption price for the Notes will consist of
100% of the principal amount of the Notes outstanding, plus accrued
and unpaid interest on the Notes, if any, up to, but excluding, the
redemption date. Halliburton plans to use cash on hand to fund the
redemption of the Notes.
A notice of redemption is being sent to all currently registered
holders of the Notes by the Trustee, The Bank of New York Mellon
Trust Company, N.A.
This press release is not an offer to sell or a solicitation of
an offer to buy any securities.
FORWARD LOOKING STATEMENTS
This press release contains forward-looking statements that
involve risks and uncertainties. Factors that could cause actual
results to differ materially from those expressed or implied by the
forward-looking statements in this press release are discussed in
our Annual Report on Form 10-K for the year ended December 31,
2020. Halliburton undertakes no obligation to revise or update
publicly any forward-looking statements for any reason.
ABOUT HALLIBURTON
Founded in 1919, Halliburton is one of the world's largest
providers of products and services to the energy industry. With
more than 40,000 employees, representing 130 nationalities in more
than 70 countries, the company helps its customers maximize value
throughout the lifecycle of the reservoir – from locating
hydrocarbons and managing geological data, to drilling and
formation evaluation, well construction and completion, and
optimizing production throughout the life of the asset. Visit the
Company’s website at www.halliburton.com. Connect with
Halliburton on Facebook,
Twitter, LinkedIn, Instagram and YouTube.
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