TRANSDIGM GROUP INC : Regulation FD Disclosure (form 8-K)
January 14, 2021 at 01:50 pm
Share
Item 7.01. Regulation FD Disclosure.
On January 14, 2021, TransDigm Group Incorporated ("TransDigm Group") issued a
press release (the "Press Release") relating to the proposed offering of $1,200
million aggregate principal amount of senior subordinated notes (the "Notes") by
TransDigm Inc., its wholly-owned subsidiary, pursuant to a confidential offering
memorandum (the "Offering Memorandum") in a private placement under Rule 144A
and Regulation S of the Securities Act of 1933 (the "Securities Act"). A copy of
the Press Release is furnished as Exhibit 99.1 to this Current Report on Form
8-K.
The Notes have not been registered under the Securities Act or any state
securities laws and may not be offered or sold in the United States without
registration or an applicable exemption from the registration requirements of
the Securities Act and applicable state securities laws. Neither the Press
Release nor this Current Report on Form 8-K constitutes an offer to sell or the
solicitation of an offer to buy the Notes, nor shall there be any sale of the
Notes in any state in which such offer, solicitation or sale would be unlawful
prior to registration or qualification under the securities laws of any such
state.
TransDigm Group expects to use the net proceeds of the offering of the Notes,
plus cash on hand, to redeem all of its outstanding 6.500% Senior Subordinated
Notes due 2024.
The information in this Current Report on Form 8-K and in the Press Release
shall not be deemed "filed" for purposes of Section 18 of the Exchange Act of
1934, nor shall it be deemed incorporated by reference in filings under the
Securities Act.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
The following exhibits are being furnished with this Current Report on Form 8-K:
Exhibit No. Description
99.1 Press Release
104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
TransDigm Group Inc. specializes in the design, manufacturing and marketing of aerospace systems and components. Net sales break down by family of products as follows:
- engine components and control systems (50.3%): mechanical and electromechanical actuators and control systems, pumps and engine control systems, power regulators, ignition systems, thermal management systems, fluid management systems, batteries and power supply systems, motion sensors, data recording, analysis and processing systems, etc. The group also offers winches, lifting systems and cargo handling systems;
- cabin systems and equipment (47%): cockpit safety components and systems, locking systems and devices, connectors, audio control systems, specialized sanitary equipment, seat belts and safety devices, interior fittings (seats, display systems, on-board entertainment systems, etc.) lighting systems, parachutes, freight delivery systems, etc. ;
- other (2.7%): non-aeronautical systems and equipment.
At the end of September 2023, the group operated approximately 100 production sites worldwide.
The United States accounts for 64.8% of net sales.
TRANSDIGM GROUP INC. 
