EnPro's 3.9375% convertibles due 2015 are convertible through Dec. 31

By Toni Weeks

San Luis Obispo, Calif., Sept. 27 - EnPro Industries, Inc. said that its $172.5 million of 3.9375% convertible senior debentures due 2015 will remain convertible by holders through Dec. 31, according to a press release.

This conversion right remains in effect because the closing price per share of EnPro's common stock exceeded $43.93, or 130% of the conversion price of $33.79, for at least 20 trading days during the 30 consecutive trading days ending on Sept. 30.

EnPro's stock closed at $60.27 (NYSE: NPO) on Sept. 26.

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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