TRIUMPH RECEIVES CREDIT RATING UPGRADES
Triumph (TGI) Prnewswire·2024-07-01 21:00
Moody's Ratings upgrades to B3S&P Global Ratings upgrades to B- RADNOR, Pa., July 1, 2024 /PRNewswire/ -- Triumph Group, Inc. (NYSE: TGI) ("TRIUMPH" or the "Company") is pleased to share that both Moody's Ratings (Moody's) and S&P Global Ratings (S&P) have upgraded the Company's credit ratings.Moody's upgraded TRIUMPH's corporate family rating to B3 from Caa1 on June 28th citing materially reduced leverage from paying off the 2025 notes in their entirety and a portion of the 2028 notes. S&P upgraded TRIUMPH ...