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0 0.0157377049180328 0 0 -0.00393442622950811 -0.0183606557377049 -0.0163934426229508 -0.0190163934426229
Stock impact report

TRIUMPH ANNOUNCES OFFER TO PURCHASE A PORTION OF ITS 9.000% SENIOR SECURED FIRST LIEN NOTES DUE MARCH 14, 2028

Triumph Group, Inc. (TGI) 
Last triumph group, inc. earnings: 2/6 06:00 am Check Earnings Report
US:NYSE Investor Relations: ir.triumphgroup.com/investor-overview
Company Research Source: PR Newswire
RADNOR, Pa., Feb. 16, 2024 /PRNewswire/ -- Triumph Group, Inc. (NYSE: TGI) ("TRIUMPH" or the "Company") today announced that it has commenced an offer to purchase for cash (the "Asset Sale Offer") up to $580,000,000 of its outstanding 9.000% Senior Secured First Lien Notes due March 14, 2028 (the "Notes") with a portion of the net cash proceeds that it will receive from its previously announced sale of its product support business (the "Sale"). The Asset Sale Offer is being made pursuant to the indenture governing the Notes, dated as of March 14, 2023 (the "Indenture") and the Asset Sale Offer to Purchase, dated February 16, 2024, (the "Offer to Purchase") which more fully sets forth the terms and conditions of the Asset Sale Offer.The Asset Sale Offer will expire at 5:00 p.m., New York City time, on March 18, 2024 (the "Expiration Date"), unless extended or earlier terminated by the Company, with an early tender deadline of 5:00 p.m., New York City time, on March 4, 2024 (the "Early Show less Read more
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