EnPro holders may now convert 3.9375% notes due 2015 through March 31

By Susanna Moon

Chicago, Dec. 31 - EnPro Industries, Inc. said holders may continue to convert its $172.5 million of 3.9375% convertible senior debentures due 2015 through March 31.

The notes are still convertible because the company's closing price exceeded $43.93, or 130% of the initial conversion price of $33.79, for at least 20 of 30 consecutive trading days during the period ending on Dec. 31, according to a press release.

EnPro's stock closed at $57.74 on Dec. 30 (NYSE: NPO).

U.S. Bank, NA is the trustee.

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

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