Stanley Black & Decker to remarket series of convertible notes on May 10
By APFriday, April 23, 2010
Stanley to remarket series of convertible notes
NEW BRITAIN, Conn. — Stanley Black & Decker Inc. said Friday it plans to remarket a series of floating-rate convertible notes on May 10.
The convertible notes, due May 17, 2012, are currently outstanding with a total value of $320 million.
Citigroup Global Markets is acting as remarketing agent.
Stanley shares closed Friday down 16 cents, at $62.84, after touching a 52-week high of $63.60 during the session.
YOUR VIEW POINT
