financetom
Business
financetom
/
Business
/
TransDigm Group Declares Special Dividend, Receives $5 Billion in New Debt Financing
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
TransDigm Group Declares Special Dividend, Receives $5 Billion in New Debt Financing
Aug 20, 2025 5:54 AM

08:45 AM EDT, 08/20/2025 (MT Newswires) -- TransDigm Group ( TDG ) said Wednesday that its board has approved a special cash dividend of $90 per share, to be paid on Sept. 12 to shareholders of record as of Sept. 2.

The company also said its TransDigm ( TDG ) subsidiary has received the funding of the previously announced $5 billion in new debt.

The new debt includes $500 million in senior secured notes due 2034 with a 6.25% interest rate, $2 billion in senior subordinated notes due 2034 with a 6.75% interest rate, and $2.5 billion in term loans maturing in 2032 with an interest rate of term SOFR plus 2.5%, TransDigm ( TDG ) said.

Shares of the company were up more than 1% in recent premarket activity Wednesday.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2026 - www.financetom.com All Rights Reserved