TGI News and Press, Triumph Group Inc. From 03/21/23

2023-03-21 08:43:47 ET Summary Triumph Group recently refinanced its debt due in 2024. After refinancing, the next maturity, due in 2025, is yielding 13%. An analysis of the operations and refinancing leaves too much risk on the table. Triumph Group ( TGI ) a com...

TRIUMPH GROUP, INC. ANNOUNCES PRELIMINARY RESULTS OF TENDER OFFER FOR ANY AND ALL OF ITS 6.250% SENIOR SECURED NOTES DUE 2024 PR Newswire BERWYN, Pa. , March 13, 2023 /PRNewswire/ -- Triumph Group, Inc. (NYSE: TGI) ("Triumph" or the "Company") today announce...

TRIUMPH ANNOUNCES AGREEMENT FOR LOGISTICS SUPPORT IN ASIA PR Newswire BERWYN, Pa. , March 8, 2023 /PRNewswire/ -- Triumph Group, Inc., ( TRIUMPH ) [NYSE:TGI] is pleased to announce a cooperative effort for logistics and leasing of OEM certified engine shippin...

2023-03-07 17:07:16 ET Triumph Group ( NYSE: TGI ) on Tuesday said one of its businesses had been awarded a development contract from Swiss helicopter company Kopter. TGI did not disclose the contract value. The contract was awarded to TGI's Actuation Products & S...

TRIUMPH RECEIVES AWARD FOR MAIN AND TAIL ROTOR CONTROLS PR Newswire BERWYN, Pa. , March 7, 2023 /PRNewswire/ -- Triumph Group ( TRIUMPH ) [NYSE:TGI] announced that its Actuation Products & Services business in France has been awarded a development con...

TRIUMPH ALERTS WARRANT HOLDERS TO POSSIBLE EARLY EXPIRATION DATE PR Newswire WARRANT HOLDERS WHO WISH TO EXERCISE WILL NEED TO EXECUTE BEFORE EXPIRATION DATE BERWYN, Pa. , March 2, 2023 /PRNewswire/ -- On December 19, 2022 , Triumph Group, Inc. (...

Triumph Group ( NYSE: TGI ) on Tuesday said it priced $1.2 billion of its 9.000% senior secured first lien notes due in 2028, as part of a refinancing of its outstanding secured indebtedness. The notes are guaranteed by the same subsidiaries that guaranty Triumph's 7.750% senior n...

TRIUMPH GROUP, INC. PRICES OFFERING OF SENIOR SECURED NOTES PR Newswire Offering is Part of a Comprehensive Refinancing of Triumph's Near Term Maturities BERWYN, Pa. , Feb. 28, 2023 /PRNewswire/ -- Triumph Group, Inc. (NYSE: TGI) ("Triumph" or the...

Triumph ( NYSE: TGI ) commenced a refinancing of its outstanding secured bonds, through an offering of $1.2B principal amount of senior secured first lien notes due in 2028. Net proceeds will be used to redeem or otherwise acquire all of its outstanding 8.875% Senior Secured First...

TRIUMPH GROUP, INC. ANNOUNCES COMMENCEMENT OF TENDER OFFER FOR ANY AND ALL OF ITS 6.250% SENIOR SECURED NOTES DUE 2024 PR Newswire Tender Offer is part of a Comprehensive Refinancing of Triumph's Near Term Maturities BERWYN, Pa. , Feb. 27, 2023 /P...