---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-284319"
form_type: "8-K"
ticker: "TDG"
cik: "0001260221"
company_name: "TransDigm Group INC"
filed_at: "2023-11-28T23:59:59+00:00"
generated_at: "2026-06-07T20:48:32.936528+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# TransDigm issues $2B of secured debt to fund CPI Electron Device acquisition, general purposes

## Summary
- $1B of 7.125% Senior Secured Notes due Dec 1, 2031 issued at 99.250% of par.
- $1B of new Tranche J term loans maturing Feb 28, 2031, bearing SOFR + 3.25%.
- Proceeds alongside cash to fund acquisition of Communications & Power Industries Electron Device Business.
- Notes and term loans are senior secured obligations; covenants limit additional debt, dividends, asset sales.
- TransDigm may use remaining proceeds for general corporate purposes, including potential M&A or stock buybacks.

## SEC filing metadata
- accession: 0001193125-23-284319
- form_type: 8-K
- ticker: TDG
- cik: 0001260221
- company_name: TransDigm Group INC
- filed_at: 2023-11-28T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1260221/000119312523284319/0001193125-23-284319-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1260221/000119312523284319/d261654d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-284319
- JSON: https://secwatch.observer/filing/0001193125-23-284319.json
- Plain text: https://secwatch.observer/filing/0001193125-23-284319.txt

## Key facts
- Debt Financings
  TransDigm Group INC incurred senior notes of $1,000 million with The Bank of New York Mellon Trust Company, N.A. at 7.125% per annum maturing December 1, 2031.
  - Instrument: senior notes
  - Principal: $1,000 million
  - Counterparty: The Bank of New York Mellon Trust Company, N.A.
  - Rate: 7.125% per annum
  - Maturity: December 1, 2031
  - Event: incurrence
  source text: TransDigm issued $1,000 million in aggregate principal amount of the Notes at an issue price of 99.250% of the principal amount thereof
  evidence_url: https://www.sec.gov/Archives/edgar/data/1260221/000119312523284319/0001193125-23-284319-index.htm
- Debt Financings
  TransDigm Group INC incurred term loan of $1,000 million with Goldman Sachs Bank USA at Adjusted Term SOFR plus an applicable margin of 3.25% maturing February 28, 2031.
  - Instrument: term loan
  - Principal: $1,000 million
  - Counterparty: Goldman Sachs Bank USA
  - Rate: Adjusted Term SOFR plus an applicable margin of 3.25%
  - Maturity: February 28, 2031
  - Event: incurrence
  source text: TransDigm incurred $1,000 million of New Tranche J Term Loans maturing February 28, 2031
  evidence_url: https://www.sec.gov/Archives/edgar/data/1260221/000119312523284319/0001193125-23-284319-index.htm
- Material Agreements
  TransDigm Group INC amended Second Amended and Restated Credit Agreement with Goldman Sachs Bank USA, as Administrative Agent and Collateral Agent valued at Amendment No. 13 and Incremental Term Loan Assumption Agreement, $1,000,000,000 Tranche J Term Loans (effective 2023-11-28).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: Goldman Sachs Bank USA, as Administrative Agent and Collateral Agent
  - Value: Amendment No. 13 and Incremental Term Loan Assumption Agreement, $1,000,000,000 Tranche J Term Loans
  - Effective: 2023-11-28
  source text: AMENDMENT NO. 13 and INCREMENTAL TERM LOAN ASSUMPTION AGREEMENT dated as of November 28, 2023, relating to the SECOND AMENDED AND RESTATED CREDIT AGREEMENT dated as of June 4, 2014, among TRANSDIGM INC., TRANSDIGM GROUP INCORPORATED, THE SUBSIDIARIES OF TRANSDIGM INC. FROM TIME TO TIME PARTY THERETO, THE LENDERS PARTY THERETO and GOLDMAN SACHS BANK USA, as Administrative Agent and Collateral Agent
  evidence_url: https://www.sec.gov/Archives/edgar/data/1260221/000119312523284319/0001193125-23-284319-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.