Company: NPO
Filing Date: 2025-04-10
Form Type: 8-K
Source: 0001140361-25-013259
Chunk: 0

Company: Enpro Inc.
Filing Date: 2025-04-10
Form: 8-K
Item: Item 1.01
Chunk 0
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Item 1.01      Entry into a Material Definitive Agreement  

On April 9, 2025, Enpro Inc. (the “ Company,” “ Enpro,” “we” or “our”) entered into a Second Amendment to Third Amended and
Restated Credit Agreement dated as of April 9, 2025 (the “ Amended Credit Facility Agreement”) among the Company, EnPro Holdings, Inc. (“ EnPro Holdings”), the Guarantors party thereto, the Lenders party thereto and Bank of America, N. A., as
Administrative Agent, Swing Line Lender and L/C Issuer, which amends the Third Amended and Restated Credit Agreement (the “ Existing Credit Facility Agreement”) dated as of December 17, 2021, as amended, among the Company and EnPro Holdings as
borrowers, the guarantors party thereto, the lenders party thereto and Bank of America, N. A., as Administrative Agent, Swing Line Lender and L/C Issuer.

The Amended Credit Facility Agreement provides for a senior secured revolving credit facility of up to $800.0 million (the “ Revolving Credit
Facility”), which will mature on April 9, 2030. The Amended Credit Facility Agreement provides that we may seek incremental term loans and/or additional revolving credit commitments in an amount equal to the greater of $275.0 million and 100% of
consolidated EBITDA for the most recently ended four-quarter period for which we have reported financial results, plus additional amounts based on a consolidated senior secured leverage ratio. Any incremental term loans will be subject to prepayment
with the net cash proceeds of non-permitted debt issuances and with the net cash proceeds of certain asset sales and casualty or condemnation events not reinvested in our business or applied to prepay such term loans within a specified period.

Borrowings under the Revolving Credit Facility, at our option, bear interest at either (1) an alternate base rate (the highest of (a) the federal
funds effective rate plus 0.50%, (b) the prime rate of Bank of America, N. A., and (c) the one-month Term SOFR rate plus 1.00%) or (2) the Term SOFR rate for the applicable interest period plus,
in each case, an applicable margin percentage, which initially is 1.375% for Term SOFR borrowings and 0.375% for