HOUSTON –February 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, and YouTube.
Halliburton, Investor Relations
Halliburton, Public Relations