Triumph Group says holders may convert 2.625% notes through year-end

By Susanna Moon

Chicago, Oct. 3 - Triumph Group, Inc. said holders may continue to convert its 2.625% convertible senior subordinated notes due 2026 through the end of December.

The notes remain convertible because the company's stock closed at or above 130% of the conversion price for 20 out of the 30 consecutive trading days ended Sept. 30.

The company's shares closed at $48.74 (NYSE: TGI) on Sept. 30.

The notes became convertible on Jan. 1 and were convertible through Sept. 30.

Triumph is a Wayne, Pa.-based designer, engineer, manufacturer and repairer of aircraft components and accessories.

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