---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-075251"
form_type: "8-K"
ticker: "TDG"
cik: "0001260221"
company_name: "TransDigm Group INC"
filed_at: "2024-03-22T23:59:59+00:00"
generated_at: "2026-06-04T08:58:56.709220+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# TransDigm reprices $6.2B term loans, extends $1.7B to 2030, issues $550M notes to redeem 7.5% sub notes

## Summary
- Repriced $6.2B of term loans from SOFR+3.25% to SOFR+2.75%, lowering annual interest cost.
- Extended maturity of $1.7B term loan H to March 2030 (previously 2028).
- Issued additional $550M of 6.375% Senior Secured Notes due 2029 at 99.75% of par.
- Proceeds plus cash on hand to redeem all outstanding 7.50% Senior Subordinated Notes due 2027.
- Original issue discount of 0.25% paid to lenders of new tranche K term loans.

## SEC filing metadata
- accession: 0001193125-24-075251
- form_type: 8-K
- ticker: TDG
- cik: 0001260221
- company_name: TransDigm Group INC
- filed_at: 2024-03-22T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1260221/000119312524075251/0001193125-24-075251-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1260221/000119312524075251/d828207d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-075251
- JSON: https://secwatch.observer/filing/0001193125-24-075251.json
- Plain text: https://secwatch.observer/filing/0001193125-24-075251.txt

## Key facts
- Debt Financings
  TransDigm Group INC incurred senior notes of $550 million in aggregate principal amount at 6.375% maturing March 1, 2029.
  - Instrument: senior notes
  - Principal: $550 million in aggregate principal amount
  - Rate: 6.375%
  - Maturity: March 1, 2029
  - Event: incurrence
  source text: TD Group also completed the previously announced offering of an additional $550 million in aggregate principal amount of TransDigm’s 6.375% Senior Secured Notes maturing March 1, 2029
  evidence_url: https://www.sec.gov/Archives/edgar/data/1260221/000119312524075251/0001193125-24-075251-index.htm
- Debt Financings
  TransDigm Group INC amended credit facility at Term SOFR plus 2.75% maturing March 22, 2030.
  - Instrument: credit facility
  - Rate: Term SOFR plus 2.75%
  - Maturity: March 22, 2030
  - Event: amendment
  source text: reprice the margin on $6.2 billion of existing term loans H and I from Term SOFR plus 3.25% to Term SOFR plus 2.75%, extend the maturity on $1.7 billion term loan H to March 2030
  evidence_url: https://www.sec.gov/Archives/edgar/data/1260221/000119312524075251/0001193125-24-075251-index.htm
- Material Agreements
  TransDigm Group INC amended Amendment No. 15, Loan Modification Agreement and Refinancing Facility Agreement with Goldman Sachs Bank USA, as administrative agent and collateral agent, and the lenders party thereto (effective 2024-03-22).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: Goldman Sachs Bank USA, as administrative agent and collateral agent, and the lenders party thereto
  - Effective: 2024-03-22
  source text: AMENDMENT NO. 15, LOAN MODIFICATION AGREEMENT AND REFINANCING FACILITY AGREEMENT dated as of March 22, 2024, relating to the SECOND AMENDED AND RESTATED CREDIT AGREEMENT dated as of June 4, 2014
  evidence_url: https://www.sec.gov/Archives/edgar/data/1260221/000119312524075251/0001193125-24-075251-index.htm

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