Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers H > Headlines for Halliburton Co. > News item |
Barclays to price 12% reverse convertibles linked to Halliburton
New York, June 9 - Barclays Bank plc plans to price 12% reverse convertible notes due Dec. 30, 2010 linked to Halliburton Co. shares, according to an FWP filing with the Securities and Exchange Commission.
The payout at maturity will be par in cash unless Halliburton shares fall below 75% of the initial price during the life of the notes and finish below the initial price, in which case the payout will be a number of Halliburton shares equal to $1,000 divided by the initial price.
The notes are expected to price on June 25 and settle on June 30.
Barclays Capital is the agent.
The Cusip number is 06740L3Q6.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.