Dresser Industries, Inc. 7.6% 15-AUG-2096Dresser Industries, Inc. 7.6% 15-AUG-2096Dresser Industries, Inc. 7.6% 15-AUG-2096

Dresser Industries, Inc. 7.6% 15-AUG-2096

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Key terms


Outstanding amount
‪5.64 M‬USD
Face value
1,000.00USD
Minimum denomination
1,000.00USD
Coupon
7.60% (Fixed)
Coupon frequency
Semi-annual
Yield to maturity
6.88%
Maturity date
Aug 15, 2096
Term to maturity
71 years

About Dresser Industries, Inc. 7.6% 15-AUG-2096


Issuer
Dresser Industries, Inc.
Sector
Industrial Services
Industry
Oilfield Services/Equipment
Home page
Issue date
Aug 9, 1996
FIGI
BBG00000P4G5
Dresser Industries, Inc. was a supplier of products and services to industries involved in oil and gas production and transmission, petroleum refining and marketing and power generation. The petroleum products and services segment used to provide services and project management for oil and gas exploration, drilling, completion, production and transmission activities. In 1998, the company merged with its main rival, Halliburton, and is now known as Halliburton Co. On 10th April, 2001 the Dresser division (excluding the former Kellogg division) entered an agreement to separate itself once again from Halliburton by management purchasing its equity, the new company to be called Dresser, Inc. The company is headquartered in Dallas, TX.
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