Press release from Business Wire
Triumph Group Delivers Company Notice to Holders of 2.625% Convertible Senior Subordinated Notes Due 2026
Monday, April 01, 2013
Triumph Group Delivers Company Notice to Holders of 2.625% Convertible Senior Subordinated Notes Due 202615:49 EDT Monday, April 01, 2013
BERWYN, Pa. (Business Wire) -- Triumph Group, Inc. (NYSE:TGI) todaydelivered a notice to holders of its 2.625% Convertible Senior Subordinated Notes Due 2026 to the effect that, for at least 20 trading days during the 30 consecutive trading days preceding March 31, 2013, the closing price of the company's common stock was greater than or equal to 130% of the conversion price of such notes on such last trading day. Accordingly, from April 1, 2013 until June 30, 2013, such notes are eligible for conversion as provided in the Indenture relating to such notes. Contingent interest will be payable for the period April 1, 2013 through September 30, 2013.
Triumph Group, Inc., headquartered in Berwyn, Pennsylvania, designs, engineers, manufactures, repairs and overhauls a broad portfolio of aerostructures, aircraft components, accessories, subassemblies and systems. The company serves a broad, worldwide spectrum of the aviation industry, including original equipment manufacturers of commercial, regional, business and military aircraft and aircraft components, as well as commercial and regional airlines and air cargo carriers.
More information about Triumph can be found on the company's website at http://www.triumphgroup.com.
Triumph Group, Inc.