TransDigm Group Incorporated announced its subsidiary, TransDigm Inc., has commenced a cash tender offer to purchase any and all of its outstanding 6.75% Senior Secured Notes due 2028. The offer is subject to certain conditions, including a refinancing condition.
Key Details
- Offer Terms: Noteholders will receive a "Total Consideration" of $1,008.00 per $1,000 principal amount if tendered by the early deadline. Tenders after this date will receive the "Tender Offer Consideration" of $978.00.
- Early Tender Premium: The offer includes an early tender premium of $30.00 per $1,000 principal amount for notes tendered on or before the early deadline.
- Timeline: The early tender deadline is 5:00 PM EDT on September 25, 2026. The offer will expire at 5:00 PM EDT on October 13, 2026, unless extended.