Sep 29, 8:00 AM ET
TransDigm Inc., a subsidiary of TransDigm Group, completed a $3 billion offering of 6.75% senior secured notes maturing January 2035 on September 28, 2026, at 100% of principal. The company plans to use the net proceeds to repurchase $2.1 billion of its 6.75% notes due 2028 through a tender offer and for general corporate purposes, which refinances existing debt and adds new long-term borrowing.
- Notes: $3,000 million, 6.75% coupon, issued at 100.00% of principal, maturing January 31, 2035
- Interest payable January 31 and July 31 each year, starting January 31, 2027
- Proceeds intended to repurchase $2,100 million of 6.75% notes due 2028 via a tender offer launched September 14, 2026, plus general corporate purposes
- Indenture dated September 28, 2026 includes covenants limiting additional debt, distributions and asset sales; trustee is The Bank of New York Mellon Trust Company, N.A.
Read the filing on SEC.gov ↗
Aug 4, 7:17 AM ET
TransDigm reported third-quarter fiscal 2026 results for the period ended June 27, 2026, with net sales of $2,741 million, up 23%, and net income of $540 million, up 10%. The company also raised its fiscal 2026 guidance, with the sales midpoint up $150 million, EBITDA As Defined up $100 million, and adjusted earnings per share up $1.52 at the midpoint, excluding the pending Prince & Izant acquisition.
- Q3 net sales $2,741 million, up 23% from $2,237 million; net income $540 million, up 10%
- Q3 EPS $9.39, up 11%; adjusted EPS $10.87, up 13%
- EBITDA As Defined margin was 52.8%, down from 54.4% a year earlier
- Fiscal 2026 adjusted EPS guidance $40.62 to $41.46; Q3 share repurchases of about $1.0 billion
Read the filing on SEC.gov ↗
Jul 24, 7:15 AM ET
TransDigm Group's board appointed Irina Krasik, a Managing Director at Stellex Capital Management, as a director effective immediately on July 22, 2026. She has not been named to any board committee, and the filing states no related person transactions or selection arrangements.
- Irina Krasik appointed to the Board on July 22, 2026, effective immediately
- Krasik has been with Stellex Capital Management since 2021 as a Managing Director, with prior roles at Bregal Investments, The Wicks Group, The Carlyle Group and Merrill Lynch
- She has not been appointed to any board committee
- She will receive standard non-employee director compensation, per the 2026 proxy statement
Read the filing on SEC.gov ↗
May 5, 7:17 AM ET
TransDigm reported second-quarter fiscal 2026 net sales of $2,544 million, up 18%, and net income of $536 million, up 12%. The company raised its full-year fiscal 2026 guidance at the midpoint for sales, EBITDA As Defined and adjusted earnings per share, while noting that net income guidance is roughly flat versus fiscal 2025 due to higher interest expense.
- Q2 earnings per share were $9.20, up 12%; adjusted earnings per share were $9.85, up 8% from $9.11.
- Fiscal 2026 sales guidance midpoint rose $420 million; EBITDA As Defined guidance midpoint rose $210 million.
- Adjusted EPS guidance midpoint rose $1.14 to a range of $38.83 to $40.21.
- Net income guidance of $2,026 million to $2,106 million implies a 0.4% decrease at the midpoint versus fiscal 2025.
Read the filing on SEC.gov ↗
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