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Published on 6/22/2006 in the Prospect News Bank Loan Daily and Prospect News High Yield Daily.

Fitch rates TransDigm notes B-

Fitch Ratings said it assigned a B- rating to TransDigm Inc.'s (TDI) senior subordinated notes associated with the recapitalization of both TDI and TransDigm Group (TDG).

The outlook is stable.

Fitch said it still expects to assign a BB- rating to TDI's senior secured revolving credit facility and senior secured first lien term loan upon closing.

Fitch said TDG's ratings reflect strong consolidated free cash flow, high margins and a diverse portfolio of products providing components on most commercial jet aircraft, as well as a number of U.S. military platforms.


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