New Issue-Triumph Group sells $175 mln notes

Tue Nov 10, 2009 5:39pm EST 

  Nov 10 (Reuters) - Triumph Group Inc (TGI.N) on Tuesday
sold $175 million of senior subordinated notes, said IFR, a
Thomson Reuters service.
  Bank of America and JPMorgan were the joint bookrunning
managers for the sale.
BORROWER: TRIUMPH GRUOUP INCORPORATED
AMT $175 MLN      COUPON 8.00 PCT     MATURITY 11/15/2017
TYPE SR SUB NTS   ISS PRICE 98.558    FIRST PAY 5/15/2010
MOODY'S Ba3       YIELD 8.25 PCT      SETTLEMENT 11/16/2009
S&P B-PLUS        SPREAD 502 BPS      PAY FREQ SEMI-ANNUAL
FITCH N/A          MORE THAN TREAS    NON-CALLABLE 4 YRS
Stocks
Bonds News
Bonds
Markets
Industrials

Related Quotes and News

Company
Price
Related News
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.