March 11, 2009 (FinancialWire) -- Halliburton (NYSE: HAL) has priced an offering of $2 billion of senior notes. The company said that the proceeds will be used for general corporate purposes.

The notes are being issued in two tranches, including $1 billion of 101/2-year notes bearing interest at a fixed rate of 6.15% per year and maturing on September 15, 2019. The other tranche includes $1 billion of 301/2-year notes bearing interest at a fixed rate of 7.45% per year and maturing on September 15, 2039.

Halliburton said that the offering is scheduled to close on March 13.

Houston-based Halliburton is a provider of products and services to the energy industry. The company serves the upstream oil and gas industry with services that include locating hydrocarbons and managing geological data, drilling and formation evaluation, well construction and completion, and optimizing production through the life of the field.

The company has more than 55,000 employees working in around seventy countries,.

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