TransDigm Group issues additional 6.500% Senior Subordinated Notes

Client(s) TransDigm Group Incorporated

Jones Day represented TransDigm Group Incorporated, a leading global designer, producer and supplier of highly engineered aircraft components, in connection with the Rule 144A and Regulation S offering by TransDigm Inc., a wholly-owned subsidiary of TransDigm Group, of additional 6.500% Senior Subordinated Notes due 2025 (the “Notes”) in an aggregate principal amount of $300 million. The Notes are an additional issuance of TransDigm Inc.’s existing 6.500% Senior Subordinated Notes due 2025 which were initially issued in May 2015.

TransDigm Inc. intends to use the net proceeds from the offering of the Notes for general corporate purposes, which may include potential future acquisitions, dividends, and purchases under its stock repurchase program, as well as to replenish approximately $90 million of cash on its balance sheet used to fund the acquisition of SCHROTH Safety Products GmbH and certain aviation and defense assets and liabilities from subsidiaries of Takata Corporation on February 22, 2017.