Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
TransDigm Group INC incurred term loan of approximately $1,725 million with Goldman Sachs Bank USA at Term SOFR plus 3.25% maturing February 22, 2027.
- Instrument
- term loan
- Principal
- approximately $1,725 million
- Counterparty
- Goldman Sachs Bank USA
- Rate
- Term SOFR plus 3.25%
- Maturity
- February 22, 2027
- Event
- incurrence
Exact text from the filing
On December 14, 2022, TransDigm Inc. (“TransDigm”), a wholly-owned subsidiary of TransDigm Group Incorporated (“TD Group”), TD Group and certain subsidiaries of TransDigm entered into Amendment No. 10, Loan Modification Agreement and Refinancing Facility Agreement (the “Amendment”), pursuant to which, among other things, (x) TransDigm repaid in full its existing approximately $1,725 million tranche G term loans maturing August 22, 2024 and replaced such loans with approximately $1,725 million new tranche H term loans (the “New Tranche H Term Loans”) maturing February 22, 2027
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.95
TransDigm Group INC amended Amendment No. 10, Loan Modification Agreement and Refinancing Facility Agreement with Goldman Sachs Bank USA valued at approximately $1,725 million (effective 2022-12-14).
- Action
- amendment
- Agreement
- credit facility
- Counterparty
- Goldman Sachs Bank USA
- Value
- approximately $1,725 million
- Effective
- 2022-12-14
Exact text from the filing
On December 14, 2022, TransDigm Inc. (“TransDigm”), a wholly-owned subsidiary of TransDigm Group Incorporated (“TD Group”), TD Group and certain subsidiaries of TransDigm entered into Amendment No. 10, Loan Modification Agreement and Refinancing Facility Agreement (the “Amendment”), pursuant to which, among other things, (x) TransDigm repaid in full its existing approximately $1,725 million tranche G term loans maturing August 22, 2024 and replaced such loans with approximately $1,725 million new tranche H term loans (the “New Tranche H Term Loans”) maturing February 22, 2027, and (y) Goldman Sachs Bank USA was appointed the administrative agent and collateral agent as successor to Credit Suisse AG.
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