Triumph Group Delivers Company Notice to Holders of 2.625% Convertible Senior Subordinated Notes Due
Triumph Group Delivers Company Notice to Holders of 2.625% Convertible Senior Subordinated Notes Due 2026
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 June 30, 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 July 1, 2013 until September 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.
KEYWORDS: United States North America Pennsylvania
The article Triumph Group Delivers Company Notice to Holders of 2.625% Convertible Senior Subordinated Notes Due 2026 originally appeared on Fool.com.
Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.