My parking brake cable rusted out on my 88 Cougar. I found a new replacement cable, but wondering how you get the new cable installed without completely drilling out the pulley that is mounted on the post under the car.

The barrel shaped terminator at the end of the cable won't fit thru the narrow slot to go around the pulley.

What have others done with this, do you have to drill out the large rivets to allow opening the whole thing to get the cable in, if so what do you replace the rivets with?

I could cut off the terminating cable barrel, but seems a shame to mess up the new cable, and what to replace the cut-off barrel with if it is cut-off?

I was never good at puzzles, what am I missing....?

Here is a picture