BERWYN, Pa., Nov 07, 2011 (BUSINESS WIRE) --
Triumph Group, Inc. (NYSE: TGI) today announced a public offering
of its common stock. The size of the offering is 5,000,000 shares of
common stock offered by investment funds and other entities associated
with The Carlyle Group. Upon completion of the offering, investment
funds associated with The Carlyle Group will own approximately 9.5% of
the common stock of Triumph Group. The offering is expected to close and
settle on November 14, 2011. The company will not receive any of the
proceeds from the offering of shares by the selling stockholders.
Morgan Stanley & Co. LLC is acting as the sole underwriter for the
A shelf registration statement (including a prospectus) relating to the
offering of the common stock has previously been filed with the U.S.
Securities and Exchange Commission and has become effective. Before
investing, you should read the prospectus and other documents filed with
the Securities and Exchange Commission for information about Triumph
Group and this offering. A copy of the prospectus may be obtained from
Morgan Stanley & Co. LLC, Attn: Prospectus Department, 180 Varick
Street, 2nd Floor, New York, NY 10014, telephone: (866) 718-1649 or by
This press release shall not constitute an offer to sell or the
solicitation of an offer to buy, nor shall there be any sale of these
securities in any jurisdiction in which such offer, solicitation or sale
would be unlawful prior to registration or qualification under the
securities laws of such jurisdiction.
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 Group can be found on the company's
website at http://www.triumphgroup.com.
Statements in this release which are not historical facts are
forward-looking statements under the provisions of the Private
Securities Litigation Reform Act of 1995. All forward-looking statements
involve risks and uncertainties which could affect the company's actual
results and could cause its actual results to differ materially from
those expressed in any forward looking statements made by, or on behalf
of, the company. Further information regarding the important factors
that could cause actual results to differ from projected results can be
found in Triumph Group's reports filed with the SEC, including our
Annual Report on Form 10-K for the fiscal year ended March 31, 2011.
SOURCE: Triumph Group, Inc.
Triumph Group, Inc.
Sheila G. Spagnolo