TransDigm Group said its wholly owned subsidiary, TransDigm Inc., has commenced a cash tender offer for any and all of its outstanding 6.25% Senior Secured Notes due 2026 on February 12, 2024.

1. 01

   TransDigm Group said its wholly owned subsidiary, TransDigm Inc., has commenced a cash tender offer for any and all of its outstanding 6.25% Senior Secured Notes due 2026 on February 12, 2024.

2. 02

   The company said the tender offer will expire at 5 p.m. Eastern Time on March 12, 2024, and that TransDigm Group may extend it at its sole discretion. The early tender deadline is February 26, 2024 at 5 p.m. Eastern Time, and holders who tender after that deadline will receive only the Tender Offer Consideration.

3. 03

   The company said the Total Consideration per $1,000 principal amount of validly tendered Notes that are not withdrawn is $1,000.00, the Tender Offer Consideration is $970.00, and the difference, the Early Tender Premium, is $30.00. Accrued and unpaid interest will also be paid separately.

4. 04

   The company said the offer is subject to the satisfaction or waiver of certain conditions, including the Refinancing Condition. Notes tendered may be withdrawn only before the early tender deadline, unless applicable law otherwise requires withdrawal.

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