8-KCurrent report
Material agreement
✓ VerifiedTransDigm completed a $3,000 million offering of 6.75% Senior Secured Notes due January 2035 at 100.00% of principal, to repurchase its $2,100 million 6.75% notes due 2028 and for general corporate purposes.
2.03 New financial obligation
Filed Sep 29, 2026 · 08:00 ET
Summary
- On September 28, 2026, TransDigm Inc. completed an offering of $3,000 million of new 6.75% Senior Secured Notes maturing January 2035 at an issue price of 100.00% of principal.
- TransDigm Group intends to use the net proceeds to repurchase the Issuer's outstanding $2,100 million 6.75% Senior Secured Notes due 2028 through a concurrent tender offer launched on September 14, 2026, and for general corporate purposes.
- The Notes accrue interest at 6.75% per annum from September 28, 2026, payable on January 31 and July 31 of each year, commencing January 31, 2027, and mature on January 31, 2035.
- The Notes were issued under an indenture dated September 28, 2026, with The Bank of New York Mellon Trust Company, N.A., as trustee and US collateral agent, and The Bank of New York Mellon, as UK collateral agent.
- The Notes are senior secured obligations guaranteed by TransDigm Group and the Issuer's restricted subsidiaries that are borrowers or guarantors under its senior secured credit facilities.
- The Indenture contains covenants limiting additional indebtedness, distributions, investments, affiliate transactions, asset sales, mergers, and liens, with customary events of default.
Key facts
- New notes amount
- $3,000 million
From the filing for New notes amount
“completed the previously announced offering of $3,000 million of new 6.75% Senior Secured Notes maturing January 2035”
- Interest rate
- 6.75% per annum
From the filing for Interest rate
“The Notes bear interest at the rate of 6.75% per annum, which accrues from September 28, 2026”
- Issue price
- 100.00%
From the filing for Issue price
“at an issue price of 100.00% of the principal amount thereof”
- Maturity
- January 31, 2035
From the filing for Maturity
“The Notes mature on January 31, 2035, unless earlier redeemed or repurchased”
- Notes being repurchased
- $2,100 million 6.75% Senior Secured Notes due 2028
From the filing for Notes being repurchased
“repurchase the Issuer's outstanding $2,100 million 6.75% Senior Secured Notes due 2028 pursuant to a concurrent tender offer”
- Tender offer launch
- September 14, 2026
From the filing for Tender offer launch
“pursuant to a concurrent tender offer that launched on September 14, 2026”
- Interest payment dates
- January 31 and July 31
From the filing for Interest payment dates
“is payable in arrears on January 31 and July 31 of each year, commencing on January 31, 2027”
- Trustee
- The Bank of New York Mellon Trust Company, N.A.
From the filing for Trustee
“The Bank of New York Mellon Trust Company, N.A., as trustee (the "Trustee") and US collateral agent”
Why it mattersTransDigm refinanced $2,100 million of notes due 2028 with $3,000 million of new notes at the same 6.75% rate, extending maturity to 2035 and raising incremental proceeds for general corporate purposes.
- Filed
- Sep 29, 2026
- Accepted
- 2026-09-29 12:00Z
- Period
- Sep 28, 2026
- Accession no.
- 0001193125-26-406037
- Size
- 1.1 MB
- Index
- Filing index
