John Bean Technologies Corp

NYSE:JBT   3:59:57 PM EDT
+5.18 (+3.79%)
Debt Financing / Related

JBT Corporation Announces Pricing Of Convertible Senior Notes

Published: 05/26/2021 02:27 GMT
John Bean Technologies Corp (JBT) - Jbt Corporation Announces Pricing of Convertible Senior Notes.
John Bean - Pricing of Offering of $350 Million Aggregate Principal Amount of 0.25% Convertible Senior Notes Due 2026 ( "notes") in a Private Offering.
John Bean - Notes Will Bear Interest Rate of 0.25% per Year, Payable Semiannually in Arrears on May 15 and November 15 of Each Year.
John Bean - Initial Conversion Rate for Notes is 5.8958 Shares of Company's Common Stock per $1,000 Principal Amount of Notes.