8-KCurrent report
Material agreement
✓ VerifiedTransDigm completed $1,500 million of incremental debt, $500 million of 6.125% notes due 2034 plus $1,000 million of term loans, to fund the Stellant Systems acquisition and approximately $800 million of March buybacks.
2.03 New financial obligation
Filed Apr 17, 2026 · 16:15 ET
Summary
- The financing comprises an additional $500 million of 6.125% senior subordinated notes maturing July 31, 2034, issued at 100.375%, and $1,000 million of tranche N term loans maturing February 13, 2033 at Term SOFR plus 2.50%.
- Proceeds fund the previously announced Stellant Systems acquisition and approximately $800 million of common share repurchases completed in March 2026.
- The new notes join the $1,200 million of 6.125% notes issued in February 2026.
Key facts
- New debt
- $1,500 million
From the filing for New debt
“completed the previously announced offerings of an incremental $1,500 million of new debt”
- Term loan pricing
- SOFR plus 2.50%
From the filing for Term loan pricing
“The New Term Loans bear interest at a rate of Term SOFR plus an applicable margin of 2.50%”
Why it mattersThe playbook stays intact: borrow, buy, buy back, all in the same breath.
- Filed
- Apr 17, 2026
- Accepted
- 2026-04-17 20:15Z
- Period
- Apr 17, 2026
- Accession no.
- 0001193125-26-161564
- Size
- 1.4 MB
- Index
- Filing index