TransDigm Group Prices $2 Billion Debt Offering Including $1.2 Billion Senior Subordinated Notes and $800 Million Term Loans

Reuters
Feb 11
<a href="https://laohu8.com/S/TDG">TransDigm</a> Group Prices $2 Billion Debt Offering Including $1.2 Billion Senior Subordinated Notes and $800 Million Term Loans

TransDigm Group Incorporated has priced a new debt offering totaling $2 billion. The company announced the pricing of $1.2 billion aggregate principal amount of 6.125% Senior Subordinated Notes due 2034, to be issued by its wholly-owned subsidiary, TransDigm Inc., at 100% of their principal amount. Additionally, TransDigm Inc. is expected to incur up to $800 million of new tranche N term loans with a maturity date in February 2033. The net proceeds from these issuances, along with cash on hand, will be used to fund the acquisitions of Stellant Systems, Inc., Jet Parts Engineering, and Victor Sierra Aviation Holdings, as well as related transaction fees and expenses. The Senior Subordinated Notes and related guarantees are being offered to qualified institutional buyers under Rule 144A and to non-U.S. persons under Regulation S. The offering is expected to close on February 13, 2026, subject to customary closing conditions.

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