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TransDigm Announces Tender Offer for 6.25% Senior Secured Notes
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TransDigm Announces Tender Offer for 6.25% Senior Secured Notes

Transdigm Group Inc. (TDG) has released an update.

TransDigm Group Incorporated has initiated a cash tender offer for its 6.25% Senior Secured Notes due 2026, offering $1,000 per $1,000 principal amount before the early deadline, and $970 thereafter. The offer, expiring on March 12, 2024, encourages note holders to act before February 26, 2024, to qualify for the full amount plus accrued interest. The offer is contingent on certain conditions, including a refinancing condition, and is managed by Goldman Sachs & Co. LLC, with specific procedures for holders to follow if interested.

For further insights into TDG stock, check out TipRanks’ Stock Analysis page.

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