The company said on February 12, 2024 it priced the offering of two new series of senior secured notes from its wholly owned subsidiary TransDigm Inc. for a total of $4,400 million. The notes of both series will be issued at 100.000% of principal amount.

1. 01

   The company said on February 12, 2024 it priced the offering of two new series of senior secured notes from its wholly owned subsidiary TransDigm Inc. for a total of $4,400 million. The notes of both series will be issued at 100.000% of principal amount.

2. 02

   The company said the notes consist of 6.375% senior secured notes due 2029 with aggregate principal of $2,200 million and 6.625% senior secured notes due 2032 with aggregate principal of $2,200 million.

3. 03

   The company said it plans to use the net proceeds and cash on hand to repurchase all of TransDigm Inc.'s 6.250% senior secured notes due 2026 through a tender offer or later redemption, and to pay related fees and expenses.

4. 04

   The company said the offering is expected to close on February 27, 2024, subject to customary closing conditions. The notes will be guaranteed by TransDigm Group and certain of its subsidiaries and are offered only to qualified institutional buyers under Rule 144A and to non-U.S. persons outside the United States under Regulation S.

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Original filing

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