Triumph Group US$1.2bn 9.000% senior secured first lien notes due 2028
Redeem or tender for the 8.875% first lien notes due 2024 and the 6.250% second lien notes due 2024
Key terms
- Borrower or issuer
- Triumph Group
- Date
- 28 Feb 2023
- Type
- Bond
- Amount
- US$1.2bn
- Pricing
- 9.000%
- Maturity
- 2028
Recorded terms
- Structure
- Rule 144A / Reg S senior secured first lien notes
- Country
- United States
Parties
- Triumph Group borrower or issuer
Similar financings
| Date | Financing | Type | Amount |
|---|---|---|---|
| 27 Feb 2023 | RTX (Raytheon Technologies) US$3,000m senior notes (3 tranches) | Bond | US$3bn |
| 17 Feb 2023 | Leidos US$750m 5.750% notes due 2033 | Bond | US$750m |
| 10 Feb 2023 | TransDigm US$2.1bn 6.75% senior secured notes due 2028 | Bond | US$2.1bn |
| 7 Feb 2023 | Northrop Grumman US$2,000m senior notes (2 tranches) | Bond | US$2bn |
| 23 May 2023 | Kongsberg Gruppen NOK 1bn 4.85% senior unsecured bond due 2030 | Bond | NOK 1bn |
More from Triumph Group
| Date | Financing | Type | Amount |
|---|---|---|---|
| 5 Aug 2020 | Triumph Group US$700m 8.875% senior secured first lien notes due 2024 | Bond | US$700m |
| 23 Sep 2019 | Triumph Group US$525m 6.250% senior secured notes due 2024 | Bond | US$525m |
| 8 Aug 2017 | Triumph Group US$500m 7.75% senior notes due 2025 | Bond | US$500m |
Sources
- Triumph Group Form 8-K: pricing of US$1.2bn first lien notes sec.gov · 28 Feb 2023
About this record
Record DEF-2023-0020, taken from an issuer, lender or government announcement. Confirmed against the primary documents listed. Amounts are as announced; US$ equivalents use approximate annual average exchange rates. Spotted an error or have a document we have missed? Send a correction, and changes are logged on Updates and corrections.
Read the structure
Senior notes are unsecured promises to pay, priced off government bonds; the prospectus sets the covenants, the change-of-control put and the redemption terms.
