7 April 2014
Triumph Group, Inc. (NYSE: TGI) said it has delivered a notice to holders of its 2.625 percent convertible senior subordinated notes due 2026 that the closing price of the company´s common stock was at least 130 percent of the conversion price of the notes, for at least 20 trading days during the 30 consecutive trading days preceding March 31, 2014.
Accordingly, from April 1, 2014 until June 30, 2014, such notes are eligible for conversion as provided in the indenture relating to them. Contingent interest will be payable for the period April 1, 2014 through September 30, 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. Its website is at http://www.triumphgroup.com.