8-K - TransDigm Group Incorporated | StockGist

AI Analysis

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TransDigm Group Incorporated completed $2 billion in financing, consisting of $1.2 billion in 6.125% Senior Subordinated Notes due 2034 and $800 million in new Tranche N Term Loans due 2033. Proceeds will be used to fund the acquisitions of Stellant Systems, Jet Parts Engineering, and Victor Sierra Aviation Holdings.

Key Takeaways

1TransDigm Inc. issued $1,200 million aggregate principal amount of 6.125% Senior Subordinated Notes due July 31, 2034 at an issue price of 100.000%.

2TransDigm Inc. incurred $800 million of Tranche N Term Loans maturing February 13, 2033, bearing interest at Term SOFR plus 2.50%.

3Net proceeds from the Notes and New Term Loans, plus cash on hand, will fund the acquisitions of Stellant Systems, Jet Parts Engineering, and Victor Sierra Aviation Holdings.

4The Notes are guaranteed on a senior subordinated basis by TransDigm Group Incorporated and restricted subsidiaries.

5The Credit Agreement Amendment (Amendment No. 20) incurred the New Term Loans with an original issue discount of 0.125%.

6The Indenture contains covenants limiting the ability to incur additional debt, pay distributions, and engage in certain asset sales or mergers.

Current Report Details

Event Type

Material Agreement

Financing

Exhibits Only

Disclosure

Mandatory

Variant

8-K

Items Reported

1.01

of Form 8-K. TD Group hereby undertakes to furnish on a supplemental basis a copy of any omitted exhibit upon request by the Securities and Exchange Commission.

Material Agreement

Source Document

2.03

. Creation of a Direct Financial Obligation. The information set forth in Item 1.01 of this Current Report on Form 8-K is incorporated by reference into this It

Financing

9.01

. Financial Statements and Exhibits. (d) Exhibits Exhibit Number Description 4.1 Indenture, dated as of February 13, 2026, among TransDigm Inc., as issuer, Tran

Exhibits Only

Transaction Details

Material Agreement

Agreement: Indenture dated February 13, 2026
Parties: TransDigm Inc., TransDigm Group Incorporated, Subsidiaries of TransDigm party thereto (Guarantors), The Bank of New York Mellon Trust Company, N.A. (Trustee)

•Governs $1,200 million aggregate principal amount of 6.125% Senior Subordinated Notes due 2034.
•Notes bear interest at 6.125% per annum, payable semi-annually on January 31 and July 31.
•Notes mature on July 31, 2034.
•Contains covenants limiting ability to incur debt, pay distributions, make investments, engage in affiliate transactions, and effect mergers.
•Change of control triggers offer to repurchase Notes.

Debt / Financing

Exhibits (3)

10.1

EX-10.1

4.1

EX-4.1

8-K