Triumph Group US$500m 7.75% senior notes due 2025
Repay amounts outstanding under its credit facilities
Key terms
- Borrower or issuer
- Triumph Group
- Date
- 8 Aug 2017
- Type
- Bond
- Amount
- US$500m
- Pricing
- 7.75%; issued at par
- Maturity
- 2025
Recorded terms
- Structure
- Rule 144A / Reg S senior notes, guaranteed by Triumph's domestic restricted subsidiaries
- Country
- United States
Parties
- Triumph Group borrower or issuer
Similar financings
| Date | Financing | Type | Amount |
|---|---|---|---|
| 12 Sep 2017 | General Dynamics US$1,000m senior notes (2 tranches) | Bond | US$1bn |
| 12 Sep 2017 | Textron US$300m 3.375% notes due 2028 | Bond | US$300m |
| 12 Oct 2017 | Northrop Grumman US$8,250m senior notes (5 tranches) | Bond | US$8.25bn |
| 2 Nov 2017 | Harris Corporation US$250m floating rate notes due 2020 | Bond | US$250m |
| 8 Nov 2017 | Textron US$350m floating rate notes due 2020 | Bond | US$350m |
More from Triumph Group
| Date | Financing | Type | Amount |
|---|---|---|---|
| 28 Feb 2023 | Triumph Group US$1.2bn 9.000% senior secured first lien notes due 2028 | Bond | US$1.2bn |
| 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 |
Sources
- Triumph Group press release filed with the SEC: pricing of US$500m 7.75% senior notes due 2025 sec.gov · 8 Aug 2017
- Triumph Group Form 8-K sec.gov · 11 Aug 2017
About this record
Record DEF-2017-0013, taken from an issuer, lender or government announcement. Confirmed against the primary documents listed. Amounts are as announced; US$ 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.
