HOUSTON--(BUSINESS WIRE)--Feb. 14, 2017--
Halliburton Company (NYSE:HAL) announced today that it will redeem the
entire outstanding principal amount of its 5.90% Senior Notes due
September 2018 and 6.15% Senior Notes due September 2019 (the “Notes”).
The redemption date for the Notes is March 15, 2017. The aggregate
principal amount of the Notes outstanding is $1.4 billion. The
redemption price for each series of Notes will include a make-whole
premium, which will be calculated three business days prior to the
redemption date in accordance with the terms of the Notes and related
indenture, and will include accrued and unpaid interest on the Notes up
to and including the redemption date.
Notices of redemption are being sent to all currently registered holders
of the Notes by the Trustee, The Bank of New York Mellon Trust Company,
N.A. For more information, holders of the Notes may call The Bank of New
York Mellon at 1-800-254-2826.
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, 2016.
Founded in 1919, Halliburton is one of the world's largest providers of
products and services to the energy industry. With approximately 50,000
employees, representing 140 nationalities and operations in
approximately 70 countries, the company serves the upstream oil and gas
industry 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
through the life of the field. Visit the company’s website at www.halliburton.com.
Connect with Halliburton on Facebook, Twitter, LinkedIn,
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Emily Mir, 281-871-2601