19.09.2016 19:19:00
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Triumph Group, Inc. -- Moody's places all Triumph's ratings on review for downgrade, including the Ba3 senior unsecured.
New York, September 19, 2016 -- Moody's Investors Service placed all ratings of Triumph Group, Inc. "Triumph" on review for downgrade, including the Ba2 CFR and the Ba3 senior unsecured ratings. Moody's also lowered the Speculative Grade Liquidity rating to SGL-3 from SGL-2. The review is expected to be concluded within the next month and could entail up to a two-notch downgrade to the ratings.