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Prospect News home > News index > List of issuers Tenders > Headlines for 2021 > News item
Published on 1/14/2021 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

TransDigm to redeem outstanding 6½% subordinated notes due 2024

By Taylor Fox

New York, Jan. 14 – TransDigm Group Inc. plans to redeem all of its outstanding 6½% senior subordinated notes due 2024, according to a news release.

The redemption will be funded using proceeds from wholly owned subsidiary TransDigm Inc.’s $1.2 billion senior subordinated notes offering and cash on hand.

TransDigm is a Cleveland-based producer of highly engineered aircraft components.


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