Triumph to repay credit facilities via new note offering

By Sarah Lizee

Olympia, Wash., Aug. 2 – Triumph Group, Inc. plans to use the proceeds of a $500 million offering of senior notes due 2025 to repay amounts outstanding under its credit facilities, according to a press release.

Triumph announced the planned sale of the notes on Wednesday morning.

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

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