KBR, a Halliburton spin-off of a leading global engineering, construction and services company, set terms for its planned IPO on Tuesday. The company plans on offering 27.8 million shares at $15 to $17, which would give the firm a $2.6 billion market cap at the midpoint of the range. Credit Suisse, Goldman Sachs and UBS Investment Bank are joint book runners on the deal.
