TransDigm Group Inc. Launches Tender Offer for 6.75% Notes Due 2028

What Happened
TransDigm Group Incorporated filed an 8-K on September 14, 2026 announcing that its subsidiary, TransDigm Inc., has commenced a cash tender offer to buy any and all of its outstanding 6.75% Senior Secured Notes due 2028. The offer is being made under an Offer to Purchase dated September 14, 2026 and is subject to conditions, including a specified Refinancing Condition. Morgan Stanley & Co. LLC is the Sole Dealer Manager and D.F. King & Co., Inc. is the Tender and Information Agent.

Key Details

• Early Tender Deadline: 5:00 PM EDT on September 25, 2026; Offer Expiration Time: 5:00 PM EDT on October 13, 2026 (unless extended).
• Consideration: Total Consideration of $1,008.00 per $1,000 principal if tendered on or before the early deadline; Tender Offer Consideration of $978.00 per $1,000 if tendered after the early deadline.
• Early Tender Premium: $30.00 per $1,000 (paid only for notes validly tendered and not withdrawn by the early deadline). Accrued and unpaid interest will also be paid to, but excluding, the applicable payment date.
• Notes identifiers (selected): Rule 144A CUSIP 893647 BR7 / ISIN US893647BR70. Tendered notes may be withdrawn prior to (but not after) the Early Tender Deadline, subject to applicable law.

Why It Matters
This tender offer gives holders a cash option to sell these 2028 senior secured notes back to TransDigm Inc., potentially reducing the company’s outstanding secured debt and future interest obligations if the offer is accepted. The offer’s economics (a $30 early tender premium) and its conditional nature—including the Refinancing Condition—are material to holders evaluating whether to tender. Investors should note the deadlines, payment amounts, and that completion depends on the satisfaction or waiver of the offer’s conditions.