S&P lifts Triumph to positive

Standard & Poor's said it affirmed its ratings, including the BB corporate credit rating, on Triumph Group Inc. and revised the outlook to positive from stable.

"Credit protection metrics have strengthened because of improving profitability, favorable conditions in the commercial aerospace market and debt reduction," said S&P credit analyst Chris DeNicolo in a news release.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.