TransDigm Prices Upsized $3.0 Billion Senior Secured Notes Offering Due 2035

TransDigm Group Announces Pricing of $3.0 Billion Senior Secured Notes Offering

Overview of the Filing

On September 14, 2026, TransDigm Group Incorporated (NYSE: TDG) submitted a Current Report on Form 8-K under Item 7.01 (Regulation FD Disclosure) disclosing the successful pricing of an upsized offering of senior secured notes by its wholly-owned operating subsidiary, TransDigm Inc.

Key Terms of the Offering

• Principal Amount: $3.00 billion (increased from the initially announced $2.50 billion).
• Coupon / Interest Rate: 6.75% per annum.
• Maturity Date: 2035.
• Offering Price: 100.00% of principal amount.
• Offering Structure: Private placement under Rule 144A and Regulation S of the Securities Act of 1933.
• Guarantees: Fully guaranteed by TransDigm Group Incorporated and certain direct and indirect subsidiaries.
• Expected Closing Date: September 28, 2026, subject to standard closing conditions.

Capital Allocation & Debt Refinancing Strategy

TransDigm intends to allocate the net proceeds toward:

1. Refinancing / Debt Tender Offer: Funding the repurchase of all outstanding 6.75% Senior Secured Notes due 2028 via a concurrent tender offer commenced on September 14, 2026.
2. Corporate Purposes: General corporate and liquidity purposes.

Financial & Market Implications

• Maturity Extension: By refinancing 2028 maturities into 2035 debt at an identical 6.75% coupon rate, TransDigm extends its debt maturity profile by 7 years without increasing coupon expense.
• Upsized Demand: The increase from $2.5 billion to $3.0 billion highlights strong institutional demand for TransDigm's secured credit in the private debt markets.