Company: NPO
Filing Date: 2025-05-29
Form Type: 8-K
Source: 0001140361-25-020773
Chunk: 2

Company: Enpro Inc.
Filing Date: 2025-05-29
Form: 8-K
Item: Item 2.03
Chunk 2
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  NxEdge SC 2, LLC;  

  Stemco Products, Inc.;  

  TCFII NxEdge LLC;  

  Technetics Group Chicago, LLC;  

  Technetics Group Daytona, Inc.;  

  Technetics Group LLC; and  

  Vision Investment, LLC.  

Ranking.

The Senior Notes and the guarantees constitute senior obligations of the Company and the guarantors and:

  rank equally in right of payment with all of the Company’s and the guarantors’ existing and future senior debt;  

  rank senior in right of payment to all of the Company’s and the guarantors’ existing and future subordinated debt;  

  are structurally subordinated to all liabilities of the Company’s existing and future subsidiaries that do not guarantee the Senior Notes; and  

  are effectively subordinated in right of payment to all of the Company’s and the guarantors’ secured indebtedness (including the obligations under the Company’s senior secured revolving credit  

3

Optional Redemption.

On or after June 1, 2028, the Company may on any one or more occasions redeem all or a part of the Senior Notes at the redemption prices (expressed as
percentages of principal amount) set forth below, plus accrued and unpaid interest, to, but not including, the applicable date of redemption, if redeemed during the twelve-month period commencing on June 1 of the years set forth below:

  Period                   Redemption  
  2028                        103.063  
  2029                        101.531  
  2030 and thereafter         100.000  

In addition, the Company may redeem up to 40% of the aggregate principal amount of the Senior Notes before June 1, 2028 with the net cash proceeds from
certain equity offerings at a redemption price of 106.125% of the principal amount, plus accrued and unpaid interest, to, but not including, the redemption date. The Company may also redeem some or all of the Senior Notes before June 1, 2028 at a
redemption price of 100% of the principal amount, plus accrued and unpaid interest, to, but not including, the redemption date, plus a “make whole” premium.

Repurchase Right upon a Change of Control.

If a “change of control” (as defined in the Indenture) occurs at any time, each holder of the Senior Notes will have the right to require the Company
to repurchase all or any part of such holder