TransDigm Group INC (TDG): debt financing — TransDigm closes $1.5B incremental debt raise for Stellant acquisition and $800M share repurchases

TransDigm Group INC

Issued $500M of 6.125% Senior Subordinated Notes due 2034 at 100.375% of par.
Incurred $1.0B of new Tranche N term loans at SOFR + 2.50% with 0.125% OID.
Net proceeds to fund purchase of Stellant Systems and replenish cash for March 2026 $800M buyback.
New notes are additional issuance of existing 6.125% notes; rank senior subordinated.
Credit agreement amended to add $1B incremental term loans; no change to existing covenants.

Key facts

Extracted from this filing and checked against the source text.

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

TransDigm Group INC incurred term loan of $1,000 million with Goldman Sachs Bank USA at Term SOFR plus an applicable margin of 2.50% maturing February 13, 2033.

Instrument: term loan
Principal: $1,000 million
Counterparty: Goldman Sachs Bank USA
Rate: Term SOFR plus an applicable margin of 2.50%
Maturity: February 13, 2033
Event: incurrence

Exact text from the filing

The Credit Agreement Amendment amends that certain Second Amended and Restated Credit Agreement, dated June 4, 2014, as amended, with Goldman Sachs Bank USA, as administrative agent and collateral agent, and the other agents and lenders named therein (the “Credit Agreement”).

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

TransDigm Group INC incurred senior notes of $500 million at 6.125% per annum maturing July 31, 2034.

Instrument: senior notes
Principal: $500 million
Rate: 6.125% per annum
Maturity: July 31, 2034
Event: incurrence

Exact text from the filing

TransDigm Inc. issued $500 million in aggregate principal amount of the New Notes

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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

TransDigm Group INC amended Amendment No. 21 and Incremental Term Loan Assumption Agreement with Goldman Sachs Bank USA, as Administrative Agent and Collateral Agent; Incremental Tranche N Term Lenders valued at $1,000,000,000 (effective 2026-04-17).

Action: amendment
Agreement: credit facility
Counterparty: Goldman Sachs Bank USA, as Administrative Agent and Collateral Agent; Incremental Tranche N Term Lenders
Value: $1,000,000,000
Effective: 2026-04-17

Exact text from the filing

AMENDMENT NO. 21 AND INCREMENTAL TERM LOAN ASSUMPTION AGREEMENT dated as of April 17, 2026, to the SECOND AMENDED AND RESTATED CREDIT AGREEMENT dated as of June 4, 2014 (as amended, restated, amended and restated, supplemented or otherwise modified from time to time prior to the date hereof, the “ Credit

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TransDigm Group INC filing history →

Source: SEC EDGAR

accession 0001193125-26-161564

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