TransDigm Group completes offering of $450 million Senior Subordinated Notes and obtains $1.04 billion financing

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 6.500% Senior Subordinated Notes due 2025 in an aggregate principal amount of $450 million and the incurrence of incremental term loans in an aggregate principal amount of $1.04 billion. The proceeds from the offering and the incremental term loans will be used to fund a portion of the purchase price for the acquisition of the assets of the aerospace business of Pexco LLC, refinancing existing indebtedness, and for general corporate purposes.