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Published on 3/21/2014 in the Prospect News Convertibles Daily and Prospect News Liability Management Daily.

EnPro Industries holders exchange $26.6 million 3.9375% convertibles

By Toni Weeks

San Luis Obispo, Calif., March 20 - EnPro Industries said holders exchanged about $26.6 million of 3.9375% convertible senior debentures due 2015 for 803,240 shares plus a cash payment of accrued interest and for fractional shares.

The company completed the exchange of its 3.9375% convertibles with four holders on March 21, according to an 8-K filing with the Securities and Exchange Commission.

EnPro is a Charlotte, N.C.-based company that designs and manufactures engineered industrial products.


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