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Published on 12/22/2014 in the Prospect News Convertibles Daily.

EnPro’s 3.9375% convertibles remain convertible through March 31

New York, Dec. 22 – EnPro Industries, Inc.’s $23,441,000 of 3.9375% convertible senior debentures due 2015 will remain convertible through March 31, the company announced in 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 Dec. 31.

EnPro’s stock closed at $60.42 (NYSE: NPO) on Friday.

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


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