Enpro enters $800M amended credit facility maturing 2030

Enpro Inc.

New $800M senior secured revolving credit facility, matures April 9, 2030.
SOFR-based borrowing rate +1.375% (alternate base rate +0.375%), commitment fee 0.175% on unused.
Financial covenants: max total net leverage ratio 4.0x (can step up to 4.5x post-acquisition for 4 quarters), min interest coverage 2.5x.
Amendment secures borrowing capacity with pledge of subsidiary stock and substantially all assets, including intellectual property.
Existing credit agreement dated December 2021 replaced in its entirety; all prior term loans repaid and reallocated.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.