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TransDigm Group Inc (TDG.N)

TDG.N on New York Stock Exchange

360.89USD
13 Jul 2018
Change (% chg)

$4.66 (+1.31%)
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Latest Key Developments (Source: Significant Developments)

TransDigm Announces Kevin Stein As President And CEO
Tuesday, 1 May 2018 

April 30 (Reuters) - TransDigm Group Inc ::TRANSDIGM ANNOUNCES KEVIN STEIN AS PRESIDENT AND CEO AND W. NICHOLAS HOWLEY AS EXECUTIVE CHAIRMAN, APPOINTMENT OF NEW BOARD MEMBERS.TRANSDIGM GROUP INC - AS PART OF ORGANIZATIONAL CHANGE, STEIN AND HOWLEY HAVE BOTH MODIFIED AND EXTENDED THEIR EMPLOYMENT AGREEMENTS THROUGH 2024.TRANSDIGM GROUP INC - STEIN AND HOWLEY HAVE BOTH MODIFIED AND EXTENDED THEIR EMPLOYMENT AGREEMENTS THROUGH 2024.  Full Article

TransDigm Group Incorporated Appoints James Skulina Interim CFO
Wednesday, 3 Jan 2018 

Jan 2 (Reuters) - Transdigm Group Inc ::TRANSDIGM GROUP INCORPORATED APPOINTS JAMES SKULINA INTERIM CFO.TRANSDIGM GROUP INC - SKULINA REPLACES TERRANCE PARADIE.TRANSDIGM GROUP INC - ‍PARADIE WILL REMAIN AN EMPLOYEE OF COMPANY UNTIL APRIL 2, 2018.TRANSDIGM - PARADIE'S DEPARTURE UNRELATED TO CO'S "FINANCIAL CONDITION, FINANCIAL DISCLOSURE OR STRATEGIC DIRECTION".  Full Article

Transdigm Agrees To Divest Schroth To Management And Perusa
Thursday, 21 Dec 2017 

Dec 21 (Reuters) - Transdigm Group Inc ::TRANSDIGM AGREES TO DIVEST SCHROTH TO MANAGEMENT AND PERUSA.TRANSDIGM GROUP INC - DEPARTMENT OF JUSTICE HAS ACCEPTED THE PROPOSAL, WHICH IS SUBJECT TO COURT APPROVAL.TRANSDIGM GROUP SAYS TO SELL SCHROTH SAFETY PRODUCTS IN A MANAGEMENT BUYOUT (MBO) TO PERUSA PARTNERS FUND 2, L.P..TRANSDIGM SAYS ALTHOUGH CO "DISAGREES" WITH DOJ'S POSITION, IT WAS "PRUDENT" TO AGREE TO DIVEST SCHROTH BUSINESS.  Full Article

Transdigm Group Says Co, Units Entered Amendment No. 4,Refinancing Facility Agreement To Credit Agreement Dated June 4, 2014
Wednesday, 6 Dec 2017 

Dec 6 (Reuters) - Transdigm Group Inc ::TRANSDIGM GROUP-ON NOV 30,UNITS, CO,TRANSDIGM ENTERED AMENDMENT NO. 4,REFINANCING FACILITY AGREEMENT TO CREDIT AGREEMENT DATED JUNE 4, 2014.TRANSDIGM GROUP INC SAYS PURSUANT TO AMENDMENT, CO'S UNIT INCURRED NEW TRANCHE E TERM LOANS OF $1,503 MILLION -SEC FILING.TRANSDIGM GROUP- UNIT REPAID IN FULL ALL OF EXISTING TRANCHE D, TRANCHE E, TRANCHE F TERM LOANS OUTSTANDING UNDER CREDIT AGREEMENT PRIOR TO AMENDMENT.  Full Article

TransDigm Group reports Q4 adjusted earnings per share $3.48
Thursday, 9 Nov 2017 

Nov 9 (Reuters) - TransDigm Group Inc :TransDigm group reports fiscal 2017 fourth quarter and year-end results.Q4 adjusted earnings per share $3.48.Q4 earnings per share $2.21 from continuing operations.Q4 sales $923.9 million versus I/B/E/S view $956.5 million.Q4 earnings per share view $3.41 -- Thomson Reuters I/B/E/S.Sees FY 2018 earnings per share $11.61 to $12.25 from continuing operations.Sees FY 2018 sales $3.645 billion to $3.725 billion.FY2018 revenue view $3.76 billion -- Thomson Reuters I/B/E/S.FY2018 earnings per share view $13.40 -- Thomson Reuters I/B/E/S.TransDigm Group Inc - ‍Fiscal 2018 adjusted earnings per share are expected to be in range of $12.78 to $13.42 per share​.TransDigm Group Inc sees FY 2018 ‍EBITDA, as defined, in range of $1,805 million to $1,855 million​.TransDigm - ‍FY 2018 guidance assumes commercial aftermarket & OEM revenues to grow in mid-single-digit percentage range.TransDigm - ‍FY 2018 guidance assumes defense revenues up in low to mid-single-digit percentage range​.  Full Article

TransDigm Group says co, unit increased borrowings under securitization facility
Saturday, 16 Sep 2017 

Sept 15 (Reuters) - TransDigm Group Inc ::On Sept 11, co, unit increased borrowings under trade accounts receivable securitization facility from $200 million to $300 million - SEC filing​.  Full Article

Transdigm announces tender offer for its 7.50% senior subordinated notes due 2021
Thursday, 13 Oct 2016 

Transdigm Group Inc : Transdigm Group announces tender offer for any and all of its 7.50 pct senior subordinated notes due 2021 . "Total consideration" for each $1,000 principal amount of notes validly tendered, and not validly withdrawn, is $1060.50 . Tender offer to purchase will expire on November 10, 2016 .Co's unit Transdigm has commenced cash tender offer for any and all of its outstanding 7.50 pct senior subordinated notes due 2021.  Full Article

Transdigm Group says seeking to upsize previously announced proposed incremental term loan from $650 mln-$1,150 mln
Wednesday, 12 Oct 2016 

Transdigm Group Inc : Says is seeking to upsize its previously announced proposed incremental term loan from $650 million to $1,150 million . Transdigm Group- intends to use incremental $500 million of proceeds to retire co's outstanding 7.50% senior subordinated notes due 2021 - sec filing .Transdigm Group Inc- company expects to seek an amendment to credit agreement to permit repayment of these notes- sec filing.  Full Article

TransDigm reports proposed new term loan
Tuesday, 4 Oct 2016 

TransDigm Group Inc : TransDigm announces proposed new term loan, considers paying special dividend and provides update on estimated fiscal 2016 results . Considering paying a cash dividend in range of $1.1 billion to $1.5 billion with proceeds of proposed new term loan . Expects fiscal 2016 EBITDA as defined to be at or modestly above midpoint of previously stated guidance range . Based on preliminary expectations, August 9, 2016 guidance still appears to be materially correct . Seeking to increase its existing term loan facility by an additional $650 million term loan .Expects fiscal 2016 net sales to be at or slightly below low end of guidance range.  Full Article

TransDigm group says purchase price was $260 mln cash to acquire Young & Franklin
Wednesday, 7 Sep 2016 

TransDigm Group Inc : Purchase price was $260 million cash to acquire Young & Franklin Inc . Expects to finance acquisition through existing cash on hand Source: (http://bit.ly/2cqrCJZ) Further company coverage: [TDG.N] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

BRIEF-TransDigm Group Announces Successful Completion Of Notes Offering

* TRANSDIGM GROUP ANNOUNCES SUCCESSFUL COMPLETION OF NOTES OFFERING Source text for Eikon: Further company coverage: