HOUSTON--(BUSINESS WIRE)--Mar. 10, 2009--
Halliburton (NYSE:HAL) announced today the pricing of an offering of $2
billion in an aggregate principal amount of senior notes. The notes are
being issued in two tranches – $1 billion of 10½-year notes bearing
interest at a fixed rate of 6.15% per year and maturing on September 15,
2019, and $1 billion of 30½-year notes bearing interest at a fixed rate
of 7.45% per year and maturing on September 15, 2039. The offering is
expected to close on March 13, 2009.
The proceeds of this offering will be used for general corporate
purposes.
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 55,000
employees in approximately 70 countries, the company serves the upstream
oil and gas industry throughout the life cycle 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 Web site
at www.halliburton.com.
Source: Halliburton
Halliburton, Houston
Diana Gabriel, +1-713-759-2608
Senior
Manager, Public Relations
diana.gabriel@halliburton.com