Enpro (NPO) said Tuesday it plans to offer $450 million in senior notes due 2033 to qualified institutional buyers and certain foreign investors.
Net proceeds will be used to redeem the company's $350 million in 5.75% senior notes due 2026 and repay part of its senior secured revolving credit facility, Enpro said.
The company issued a conditional notice to redeem the 2026 notes, with the redemption contingent on the successful sale of the new notes. If completed, the redemption will occur on June 12 at full face value plus accrued interest, according to the company.
Shares of Enpro were up 1.4% in recent trading.
Price: 184.56, Change: +2.57, Percent Change: +1.41
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。