TransDigm Group Enters Material Definitive Agreement
Ticker: TDG · Form: 8-K · Filed: Jun 4, 2024 · CIK: 1260221
| Field | Detail |
|---|---|
| Company | Transdigm Group Inc (TDG) |
| Form Type | 8-K |
| Filed Date | Jun 4, 2024 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.01, $997 million, $2,644 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-definitive-agreement, financial-obligation
Related Tickers: TDG
TL;DR
TDG just signed a big deal, watch their debt.
AI Summary
On June 4, 2024, TransDigm Group Incorporated entered into a Material Definitive Agreement related to a financial obligation. The filing details the creation of a direct financial obligation or an obligation under an off-balance sheet arrangement for the registrant.
Why It Matters
This filing indicates a significant financial commitment or arrangement by TransDigm Group, which could impact its financial structure and future obligations.
Risk Assessment
Risk Level: medium — Entering into material definitive agreements can introduce new financial obligations or risks that may affect the company's financial health.
Key Players & Entities
- TransDigm Group Incorporated (company) — Registrant
- June 4, 2024 (date) — Date of Report
FAQ
What type of material definitive agreement did TransDigm Group enter into?
The filing states that TransDigm Group Incorporated entered into a Material Definitive Agreement on June 4, 2024, related to the creation of a direct financial obligation or an obligation under an off-balance sheet arrangement.
What is the date of the earliest event reported in this 8-K filing?
The date of the earliest event reported is June 4, 2024.
What is TransDigm Group's principal executive office address?
TransDigm Group's principal executive office is located at 1350 Euclid Avenue, Suite 1600, Cleveland, Ohio 44115.
What is the Standard Industrial Classification code for TransDigm Group?
The Standard Industrial Classification code for TransDigm Group is 3728, which pertains to Aircraft Part & Auxiliary Equipment, NEC.
What is the Commission File Number for TransDigm Group?
The Commission File Number for TransDigm Group is 001-32833.
Filing Stats: 805 words · 3 min read · ~3 pages · Grade level 11.1 · Accepted 2024-06-04 16:16:00
Key Financial Figures
- $0.01 — ge on which registered: Common Stock, $0.01 par value TDG New York Stock Exchan
- $997 million — ther things, (i) reprices the margin on $997 million of existing term loans J from Term SOFR
- $2,644 million — plus 2.50% and (ii) amends and extends $2,644 million of existing term loans I from August 20
Filing Documents
- d833756d8k.htm (8-K) — 29KB
- d833756dex101.htm (EX-10.1) — 966KB
- 0001193125-24-154269.txt ( ) — 1337KB
- tdg-20240604.xsd (EX-101.SCH) — 3KB
- tdg-20240604_lab.xml (EX-101.LAB) — 18KB
- tdg-20240604_pre.xml (EX-101.PRE) — 11KB
- d833756d8k_htm.xml (XML) — 4KB
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits Exhibit Number Description 10.1* Amendment No. 16, Loan Modification Agreement and Refinancing Facility Agreement, dated as of June 4, 2024, to the Second Amended and Restated Credit Agreement, dated June 4, 2014, among TransDigm Inc., TransDigm Group Incorporated, each subsidiary of TransDigm Inc. party thereto, the lenders party thereto, and Goldman Sachs Bank USA, as administrative agent and collateral agent for the lenders. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). * Certain exhibits have been omitted pursuant to Instruction 4 to Item 1.01 of Form 8-K. TD Group hereby undertakes to furnish on a supplemental basis a copy of any omitted exhibit upon request by the Securities and Exchange Commission. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. TRANSDIGM GROUP INCORPORATED By: /s/ Sarah Wynne Name: Sarah Wynne Title: Chief Financial Officer (Principal Financial Officer) Dated: June 4, 2024