TransDigm Prices $2.65 Billion Notes Offering to Refinance 2027 Debt

TransDigm Group has priced a $2.65 billion offering of 6.375% Senior Subordinated Notes due 2033, issued through its subsidiary TransDigm Inc., at 99.225% of face value. The transaction, set to close on May 20, 2025, is intended to refinance the company’s outstanding 5.500% Senior Subordinated Notes due 2027 and cover related fees.

The new notes will be guaranteed by TransDigm Group and select subsidiaries. The offering is limited to qualified institutional buyers under Rule 144A and non-U.S. investors under Regulation S.

The refinancing aims to optimize the company’s capital structure, extend maturities, and reduce near-term debt obligations, aligning with TransDigm’s long-term financial strategy.