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Triumph Group, Inc. (NYSE:TGI), an aerospace manufacturer with a market capitalization of $2.01 billion, announced Monday that it has amended its $75 million receivables securitization facility. The company, which has seen its stock surge 66% over the past year, continues to demonstrate strong financial management. According to a press release statement based on a recent SEC filing, the amendments were entered into on June 30, 2025. With a healthy current ratio of 2.22, indicating strong liquidity position, the company appears well-positioned to manage its financial obligations. InvestingPro analysis reveals multiple positive indicators about the company’s financial health, with detailed insights available in the comprehensive Pro Research Report.
The changes involve the transfer of the facility’s administration from PNC Bank, National Association to MUFG Bank, Ltd. The amendments also update certain benchmark transition provisions and make additional changes related to the previously announced acquisition of Triumph Group by affiliates of Warburg Pincus LLC and Berkshire Partners LLC.
The receivables securitization facility was originally established in August 2008 and has been amended over time. The latest amendments include a second amended and restated receivables purchase agreement among Triumph Receivables, LLC (as seller), Triumph Group (as servicer), various purchasers, LC participants, purchaser agents, and MUFG Bank (as administrator and LC bank). They also include a second amended and restated purchase and sale agreement among originator entities, Triumph Group, and Triumph Receivables, LLC, as well as a third amended and restated performance guaranty by Triumph Group in favor of MUFG Bank.
Triumph Group’s common stock continues to be listed on the New York Stock Exchange under the ticker (NYSE:TGI).
All information is based on a press release statement and details from the company’s recent SEC filing.
In other recent news, Triumph Group Inc . reported fourth-quarter earnings that exceeded expectations, fueled by strong demand in the aerospace sector. The company posted adjusted earnings of $0.48 per share, surpassing analyst estimates of $0.35 per share. Revenue for the quarter increased by 5% year-over-year to $377.9 million, beating expectations of $336.76 million. Triumph Group’s full fiscal year 2025 net sales reached $1.26 billion, marking a 6% increase from the previous year, with adjusted income from continuing operations at $72.2 million or $0.93 per share. The company reported robust free cash flow of $144 million for the fourth quarter, attributed to improved operational performance. Triumph Group is also in the process of a $3 billion acquisition by private equity firms Warburg Pincus and Berkshire Partners, expected to finalize in the latter half of 2025. The company did not provide financial guidance for fiscal 2026 due to this pending acquisition.
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