Brief: Transdigm Group Inc Says Unit To Offer Incremental $3.0 Billion Of New Secured Debt

TransDigm Incorporated

03/09/2024 13:31

Sept 3 (Reuters) - TransDigm Group Inc  TDG.N :
    * TRANSDIGM GROUP INC: UNIT TO OFFER INCREMENTAL $3.0
BILLION OF
NEW SECURED DEBT
    * TRANSDIGM GROUP: OFFERING TO BE COMPRISED OF $1.5 BILLION
OF NEW
SENIOR SECURED NOTES, $1.5 BILLION OF NEW TERM LOANS TO BE
LAUNCHED CONCURRENTLY
    * TRANSDIGM GROUP:  INTENDS TO USE NET PROCEEDS TO FUND
SPECIAL
CASH DIVIDEND TO HOLDERS OF ITS COMMON STOCK IN RANGE OF $3.5
BILLION TO $4.5 BILLION

Source text for Eikon:  ID:n0001260221-24-000071 
Further company coverage:  TDG.N 

 ((Reuters.Brief@thomsonreuters.com;))