New York, October 17, 2016 -- Moody's Investors Service downgraded the ratings of Triumph Group, Inc. ("Triumph"), including the Corporate Family Rating (CFR) to Ba3 from Ba2, the Probability of Default Rating to Ba3-PD from Ba2-PD, and the senior unsecured notes to B1 from Ba3. This concludes the review for downgrade that began on September 19, 2016.

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