Triumph Group Announces Expiration and Results of Exchange Offer for Its 8% Senior Subordinated Notes Due 2017

Defense News: WAYNE, Pa.--(BUSINESS WIRE)--Triumph Group, Inc. (NYSE:TGI - News) today announced the expiration and results of its exchange offer (the “Exchange Offer”) to exchange up to $175 million in aggregate principal amount of its 8% Senior Subordinated Notes due 2017 that have been registered (the “Exchange Notes”) under the Securities Act of 1933, as amended (the “Securities Act”), for the same aggregate principal amount of its outstanding 8% Senior Subordinated Notes due 2017 (the “Original Notes”). The Original Notes were issued in a private placement in compliance with Rule 144A and Regulation S under the Securities Act.

The Exchange Offer expired at 5:00 p.m., New York City time, on March 16, 2010, and the settlement date of the Exchange Offer was March 19, 2010. According to U.S. Bank National Association, the exchange agent for the Exchange Offer, the Company received valid tenders from holders of $175 million aggregate principal amount, or 100%, of the Original Notes.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy any of the Exchange Notes or any other security, and shall not constitute an offer, solicitation or sale in any jurisdiction in which or to any persons to whom such offering, solicitation or sale would be unlawful. The Exchange Offer was made only pursuant to the company’s prospectus dated February 16, 2010, which was filed with the Securities and Exchange Commission as part of the company’s Registration Statement on Form S-4.

Triumph Group, Inc., headquartered in Wayne, Pennsylvania, designs, engineers, manufactures, repairs and overhauls aircraft components and accessories. The company serves a broad, worldwide spectrum of the aviation industry, including original equipment manufacturers of commercial, regional, business and military aircraft and aircraft components, as well as commercial and regional airlines and air cargo carriers.

More information about the company can be found on the Internet at http://www.triumphgroup.com.

Statements in this release which are not historical facts are forward-looking statements under the provisions of the Private Securities Litigation Reform Act of 1995. All forward-looking statements involve risks and uncertainties which could affect the company’s actual results and could cause its actual results to differ materially from those expressed in any forward looking statements made by, or on behalf of, the company. Further information regarding the important factors that could cause actual results to differ from projected results can be found in the company’s reports filed with the SEC, including without limitation the company’s Annual Report on Form 10-K for the fiscal year ended March 31, 2009.

Contact:

Triumph Group, Inc.
Sheila Spagnolo
Vice President
610-251-1000
sspagnolo@triumphgroup.com

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