TransDigm commences tender offer for 7.50% senior subordinated notes

TransDigm Group Incorporated (NYSE: TDG) wholly owned subsidiary, TransDigm Inc. has commenced a cash tender offer for any and all of its outstanding 7.50 percent senior subordinated notes due 2021, the company said.

The offer is subject to the satisfaction or waiver of certain conditions as described in the offer to purchase, including the satisfaction of the refinancing condition.

The company has engaged Credit Suisse Securities (USA) LLC as dealer manager for the tender offer.

TransDigm Group Incorporated, through its wholly owned subsidiaries, is a designer, producer and supplier of engineered aircraft components for use on commercial and military aircraft. Major product offerings are provided to end-users in the aerospace industry.