TransDigm Group INC (TDG): debt financing — TransDigm declares $90/share special dividend, raises $5B in new debt

TransDigm Group INC

Special cash dividend of $90.00 per share; record date Sept 2, 2025; payment date Sept 12, 2025.
Issued $500M 6.25% senior secured notes due 2034, $2B 6.75% senior subordinated notes due 2034, and $2.5B term loans at SOFR+2.5% due 2032.
Proceeds from debt offering, plus cash on hand, will fund the special dividend and related fees.
CEO Kevin Stein stated the payout is part of ongoing balance sheet management to deliver returns comparable to private equity.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.95

TransDigm Group INC incurred senior notes of $500 million with qualified institutional buyers / non-U.S. persons at 6.250% per annum maturing January 31, 2034.

Instrument: senior notes
Principal: $500 million
Counterparty: qualified institutional buyers / non-U.S. persons
Rate: 6.250% per annum
Maturity: January 31, 2034
Event: incurrence

Exact text from the filing

completed the previously announced offerings of an aggregate of $5,000 million of new debt, consisting of $500 million of 6.250% Senior Secured Notes maturing January 31, 2034 (the “Secured Notes”), $2,000 million of 6.750% Senior Subordinated Notes maturing January 31, 2034 (the “Subordinated Notes” and, together with the Secured Notes, the “Notes”) and $2,500 million of new tranche M term loans (the “New Term Loans”) maturing August 19, 2032.

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Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

TransDigm Group INC incurred term loan of $2,500 million with not specified at not specified maturing August 19, 2032.

Instrument: term loan
Principal: $2,500 million
Counterparty: not specified
Rate: not specified
Maturity: August 19, 2032
Event: incurrence

Exact text from the filing

completed the previously announced offerings of an aggregate of $5,000 million of new debt, consisting of $500 million of 6.250% Senior Secured Notes maturing January 31, 2034 (the “Secured Notes”), $2,000 million of 6.750% Senior Subordinated Notes maturing January 31, 2034 (the “Subordinated Notes” and, together with the Secured Notes, the “Notes”) and $2,500 million of new tranche M term loans (the “New Term Loans”) maturing August 19, 2032.

View on SEC.gov

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.95

TransDigm Group INC incurred convertible notes of $2,000 million with qualified institutional buyers / non-U.S. persons at 6.750% per annum maturing January 31, 2034.

Instrument: convertible notes
Principal: $2,000 million
Counterparty: qualified institutional buyers / non-U.S. persons
Rate: 6.750% per annum
Maturity: January 31, 2034
Event: incurrence

Exact text from the filing

completed the previously announced offerings of an aggregate of $5,000 million of new debt, consisting of $500 million of 6.250% Senior Secured Notes maturing January 31, 2034 (the “Secured Notes”), $2,000 million of 6.750% Senior Subordinated Notes maturing January 31, 2034 (the “Subordinated Notes” and, together with the Secured Notes, the “Notes”) and $2,500 million of new tranche M term loans (the “New Term Loans”) maturing August 19, 2032.

View on SEC.gov

309 debt financings filed in the last 30 days. Browse all debt financings →

TransDigm Group INC filing history →

Source: SEC EDGAR

accession 0001193125-25-183753

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