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TDG - TransDigm prices $1.2B of 4.625% senior subordinated notes
Transdigm Group Incorporated Inc.
TransDigm, a wholly-owned subsidiary of TransDigm Group Incorporated (TDG) has priced its private offering of $1.2B of 4.625% senior subordinated notes due 2029 at 100% of the principal amount.Offering is expected to close on January 20. Net proceeds plus cash on hand will be used to redeem outstanding 6.500% senior subordinated notes due 2024.