Actionable Opportunities in Special Situations: Spinoffs, Bankruptcy, Restructurings

Special Dividend

TransDigm $TDG refinances and announces special dividend

TransDigm Group Incorporated (“TransDigm Group”) (NYSE: TDG) announced on June 4, 2014, its wholly-owned subsidiary, TransDigm Inc. (the “Company”), received the funding of an additional incremental term loan of $825 million at a current interest rate of approximately 3.8% and that it has successfully completed its previously announced private offering of $2.350 billion (the “Offering”) aggregate principal amount of senior subordinated notes, consisting of $1.150 billion aggregate principal amount of 6.0% Senior Subordinated Notes due 2022 (the “2022 Notes”) and $1.200 billion aggregate principal amount of 6.5% Senior Subordinated Notes due 2024 (together with the 2022 Notes, the “Notes”). Source: Filing

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