secwatch / observer
8-K filed March 9, 2023, 6:59 PM ET ticker TDG CIK 0001260221
debt confidence high sentiment neutral materiality 0.60

TransDigm Group INC (TDG): debt financing — TransDigm issues additional $1.1B of 6.75% senior secured notes due 2028; proceeds to redeem 8.00% notes due 2025

TransDigm Group INC

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 1.0

TransDigm Group INC incurred senior notes of $1,100 million with Qualified institutional buyers and non-U.S. persons at 6.75% per annum maturing August 15, 2028.

Instrument
senior notes
Principal
$1,100 million
Counterparty
Qualified institutional buyers and non-U.S. persons
Rate
6.75% per annum
Maturity
August 15, 2028
Event
incurrence
Exact text from the filing
On March 9, 2023, TransDigm Inc. (“TransDigm”), a wholly-owned subsidiary of TransDigm Group Incorporated (“TransDigm Group”), completed the previously announced offering of an additional $1,100 million in aggregate principal amount of 6.75% Senior Secured Notes due 2028 (the “New Notes”) at an issue price of 99% of the principal amount plus accrued interest.
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

TransDigm Group INC entered into 6.75% Senior Secured Notes due 2028 Indenture with The Bank of New York Mellon Trust Company, N.A. and The Bank of New York Mellon valued at $1,100 million aggregate principal amount of 6.75% Senior Secured Notes due 2028 issued at 99% of pr (effective 2023-03-09).

Action
entry
Agreement
notes offering
Counterparty
The Bank of New York Mellon Trust Company, N.A. and The Bank of New York Mellon
Value
$1,100 million aggregate principal amount of 6.75% Senior Secured Notes due 2028 issued at 99% of pr
Effective
2023-03-09
Exact text from the filing
On March 9, 2023, TransDigm Inc. (“TransDigm”), a wholly-owned subsidiary of TransDigm Group Incorporated (“TransDigm Group”), completed the previously announced offering of an additional $1,100 million in aggregate principal amount of 6.75% Senior Secured Notes due 2028 (the “New Notes”) at an issue price of 99% of the principal amount plus accrued interest.
View on SEC.gov

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TransDigm Group INC filing history →

Source: SEC EDGAR
accession 0001193125-23-066095
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