BERWYN, Pa.--(BUSINESS WIRE)--Jan. 2, 2014--
Triumph Group, Inc. (NYSE:TGI) today delivered 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 December 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 January 2, 2014 until March 31, 2014, such notes are eligible for
conversion as provided in the Indenture relating to such notes.
Contingent interest will be payable for the period October 1, 2013
through March 31, 2014.
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.
Source: Triumph Group, Inc.
Triumph Group, Inc.