Item 1.01. Entry into a Material Definitive Agreement.

On July 1, 2009 (the "Closing Date"), Barnes Group Inc. (the "Company") entered into a $35,000,000 unsecured credit agreement (the "Credit Agreement") with Wells Fargo Bank, National Association, as Lender and as Administrative Agent. The proceeds from the Credit Agreement may be used for working capital, capital expenditures and general corporate purposes. The available borrowing period under the Credit Agreement is from the Closing Date through December 31, 2009 ("Availability Period"). During the Availability Period the Company may borrow either under (i) Tranche A, which serves as a term loan and will amortize in ten quarterly installments beginning April 1, 2010 or (ii) Tranche B, which serves as a working capital facility, allows for reborrowing of amounts repaid and will amortize in six quarterly installments beginning April 1, 2010; provided, that, the outstanding loans under Tranche B may not exceed the lesser of $20,000,000 or $35,000,000 less any Tranche A loans outstanding from time to time; and provided further, that the aggregate outstanding loans under Tranches A and B of the Credit Agreement may not exceed $35,000,000. At the Company's option, the loans will bear interest either at LIBOR plus 4.25% or at Wells Fargo's Base Rate plus 1.75%. The Company paid an up front fee of $437,500. The Company is to pay a fee quarterly during the Availability Period equal to 0.50% of the unused commitment. The Credit Agreement's covenants are substantially the same as the covenants under the Company's $400,000,000 Amended Revolving Credit Agreement, dated September 19, 2007.

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