Your location:  Home  >  Bearing News  >  World Bearing News
<<  Back

EnPro Industries Comments on Exchange Offer for 5.875% Senior Notes Due 2022

Resource from:  EnPro Industries, Inc. Likes:164
Jun 11,2015
CHARLOTTE, N.C.--(BUSINESS WIRE)-- EnPro Industries, Inc. (NPO) today commented that its offer to exchange up to $300 million of 5.875% Senior Notes due 2022 (the “New Notes”), which have been registered under the Securities Act of 1933, as amended, for its outstanding unregistered 5.875% Senior Notes due 2022 (the “Original Notes”) (CUSIP Nos. 29355X AC1 and U29300 AA5) is scheduled to expire at 5:00 p.m., New York City time, on Thursday, June 11, 2015 (the “expiration time”). The exchange offer is being conducted to satisfy the Company’s obligations under the terms of registration rights agreement entered into in connection with the sale of the Original Notes completed on September 16, 2014 and does not represent a new financing transaction. The Company will not receive any proceeds from the exchange offer. The terms of the New Notes are substantially identical to those of the Original Notes, except that certain transfer restrictions, registration rights and additional interest provisions related to the registration rights applicable to the Original Notes do not apply to the New Notes. Holders must tender their Original Notes on or prior to the expiration time if they wish to participate in the exchange offer. Tenders of Original Notes may be validly withdrawn at any time on or prior to the expiration time. Documents describing the terms of the exchange offer, including the prospectus and transmittal materials for making tenders, can be obtained from the exchange agent, U.S. Bank National Association, by calling (800) 934-6802. This news release is for informational purposes only and is not an offer to buy or the solicitation of an offer to sell any securities of EnPro Industries, Inc. The exchange offer is being made only pursuant to the exchange offer documents, including the prospectus and the letter of transmittal that have been distributed to holders of the Original Notes and filed with the Securities and Exchange Commission. 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. View source version on businesswire.com: http://www.businesswire.com/news/home/20150610005229/en/
(EnPro Industries, Inc.)
【CBCC News Statement】
1.The news above mentioned with detailed source are from internet.We are trying our best to assure they are accurate ,timely and safe so as to let bearing users and sellers read more related info.However, it doesn't mean we agree with any point of view referred in above contents and we are not responsible for the authenticity. If you want to publish the news,please note the source and you will be legally responsible for the news published.
2.All news edited and translated by us are specially noted the source"CBCC".
3.For investors,please be cautious for all news.We don't bear any damage brought by late and inaccurate news.
4.If the news we published involves copyright of yours,just let us know.

BRIEF INTRODUCTION

Cnbearing is the No.1 bearing inquiry system and information service in China, dedicated to helping all bearing users and sellers throughout the world.

Cnbearing is supported by China National Bearing Industry Association, whose operation online is charged by China Bearing Unisun Tech. Co., Ltd.

China Bearing Unisun Tech. Co., Ltd owns all the rights. Since 2000, over 3,000 companies have been registered and enjoyed the company' s complete skillful service, which ranking many aspects in bearing industry at home and abroad with the most authority practical devices in China.