TransDigm Group Incorporated Announces Extension of Exchange Offer for 7.50% Senior Subordinated Notes due 2021
CLEVELAND, Sept. 27, 2013 /PRNewswire/ -- TransDigm Group Incorporated ("TransDigm Group") (NYSE: TDG) announced today that it has extended the expiration date of its offer to exchange up to $500,000,000 of new 7.50% Senior Subordinated Notes due 2021 (the "new notes") that have been registered under the Securities Act of 1933 for an equal amount of outstanding unregistered 7.50% Senior Subordinated Notes due 2021 (the "old notes"). As a result of the extension, the exchange offer is now scheduled to expire at 5:00 p.m., New York City time, on October 1, 2013, unless further extended.
The exchange offer was originally set to expire at 5:00 p.m., New York City time, on September 26, 2013. As of this date, tenders of approximately $499,000,000 aggregate principal amount, or 99.8%, of the old notes have been received pursuant to the exchange offer. Except for the extension of the expiration date, all of the other terms of the exchange offer remain as set forth in the exchange offer prospectus, dated August 27, 2013.
This press release is not an offer to exchange the new notes for the old notes or the solicitation of an offer to exchange, which we are making only through the exchange offer prospectus.
About TransDigm Group
TransDigm Group, through its wholly-owned subsidiaries, is a leading global designer, producer and supplier of highly engineered aircraft components for use on nearly all commercial and military aircraft in service today. Major product offerings, substantially all of which are ultimately provided to end-users in the aerospace industry, include mechanical/electro-mechanical actuators and controls, ignition systems and engine technology, specialized pumps and valves, power conditioning devices, specialized AC/DC electric motors and generators, NiCad batteries and chargers, engineered latching and locking devices, rods and locking devices, engineered connectors and elastomers, cockpit security components and systems, specialized cockpit displays, aircraft audio systems, specialized lavatory components, seatbelts and safety restraints, engineered interior surfaces and lighting and control technology.
SOURCE TransDigm Group Incorporated
More by this Source
TransDigm Group Reports Fiscal 2013 Fourth Quarter and Year-End Results
Nov 14, 2013, 07:30 ET
TransDigm Group Reports Fiscal 2013 Third Quarter Results
Aug 06, 2013, 07:00 ET
Browse our custom packages or build your own to meet your unique communications needs.
Learn about PR Newswire services
Request more information about PR Newswire products and services or call us at (888) 776-0942.