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Prospect News home > News index > List of issuers E > Headlines for EnPro Industries Inc. > News item |
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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