secwatch.observer — SEC 8-K summary
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Issuer:     TransDigm Group INC (TDG)
CIK:        0001260221
Form:       8-K
Filed at:   2022-12-14T23:59:59+00:00
Accession:  0001193125-22-304822
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

TransDigm refinances $1.725B tranche G loans with new tranche H loans due 2027; adds $504M new term loans
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- Repaid existing $1.725B tranche G term loans (Aug 2024 maturity) with new tranche H term loans due Feb 22, 2027.
- New tranche H loans bear interest at Term SOFR + 3.25% vs prior LIBOR + 2.25%; 2% OID paid to lenders.
- Issued additional $504.1M of 2022 Refinancing Term Loans as part of the same transaction.
- Goldman Sachs Bank USA appointed as administrative and collateral agent, replacing Credit Suisse AG.
- Total new debt principal ~$2.229B; proceeds used to repay non-converted tranche G loans and pay expenses.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1260221/000119312522304822/0001193125-22-304822-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1260221/000119312522304822/d433972d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-304822

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