TransDigm US$4.0bn 6.25% senior secured notes due 2026 for the Esterline acquisition
- Issuer or borrower
- TransDigm
- Date
- 13 Feb 2019
- Amount
- US$4bn
- Type
- Acquisition finance
- Structure
- Rule 144A / Reg S senior secured notes issued by TransDigm Inc.: US$3.8bn at par plus a US$200m add-on at 101%
- Pricing
- 6.25%
- Maturity
- 2026
- Purpose
- Fund the purchase price for the acquisition of Esterline Technologies
- Country
- United States
Sources
- TransDigm Group Form 8-K: issuance of notes sec.gov · 13 Feb 2019
- TransDigm Group press release filed with the SEC (Exhibit 99.1) sec.gov · 13 Feb 2019
Checked against the documents above. Record DEF-2019-0002.
Other financings by TransDigm
| Date | Financing | Type | Amount |
|---|---|---|---|
| 13 Nov 2019 | TransDigm US$2.65bn 5.50% senior subordinated notes due 2027 | Bond | US$2.65bn |
| 13 Feb 2019 | TransDigm US$550m 7.50% senior subordinated notes due 2027 | Bond | US$550m |
M&A and investment involving TransDigm
| Date | Deal | Type | Value |
|---|---|---|---|
| 31 Dec 2025 | TransDigm acquisition of Stellant Systems | M&A Announced | US$960m |
| 6 Oct 2025 | TransDigm acquisition of Simmonds Precision Products | M&A | US$765m |
| 31 Jul 2024 | TransDigm acquisition of Raptor Scientific | M&A | US$655m |
| 6 Jun 2024 | TransDigm acquisition of CPI Electron Device Business | M&A | US$1.39bn |
| 8 May 2023 | TransDigm acquisition of Calspan | M&A | US$725m |
| 5 Jan 2021 | TransDigm acquisition of Cobham Aero Connectivity | M&A | US$965m |
