EnPro Industries Confirms Conversion of Its Convertible Senior Debentures Will Be Permitted on October 15, 2015 Maturity Date
CHARLOTTE, N.C.--(BUSINESS WIRE)-- EnPro Industries, Inc. (NYS: NPO) , in response to questions raised by holders of its 3.9375% Convertible Senior Debentures due 2015, today confirmed that holders are permitted to convert the Debentures on the day of October 15, 2015 (the stated maturity date of the Debentures) prior to the close of business. Holders who complete all requirements for conversion of the Debentures on October 15, 2015 prior to the close of business will be considered to have converted the Debentures prior to the close of business on the stated maturity date. Holders who convert Debentures on the stated maturity date will be entitled to retain the interest payment on those Debentures to be paid on that date without having to deliver an amount equal to that payment in connection with the conversion.
About EnPro Industries
EnPro Industries, Inc. is a leader in sealing products, metal polymer and filament wound bearings, components and service for reciprocating compressors, diesel and dual-fuel engines and other engineered products for use in critical applications by industries worldwide. For more information about EnPro, visit the company's website at http://www.enproindustries.com.
EnPro Industries, Inc.
Don Washington, 704-731-1527
Director, Investor Relations and
KEYWORDS: United States North America North Carolina
The article EnPro Industries Confirms Conversion of Its Convertible Senior Debentures Will Be Permitted on October 15, 2015 Maturity Date originally appeared on Fool.com.
Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.