TransDigm Group Incorporated (NYSE:TDG) Files An 8-K Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant

On September 11, 2017, TransDigm Inc. and its subsidiary, TransDigm Receivables LLC, (together, the “Company”) increased its borrowings under its trade accounts receivable securitization facility (the “Securitization Facility”) from $200 million to $300 million. As disclosed in the July 1, 2017 Form 10-Q filed on August 8, 2017, which is incorporated herein by reference, the Company increased the borrowing capacity of its Securitization Facility from $250 million to $300 million in connection with amending the Securitization Facility to a maturity date of July 31, 2018. The Securitization Facility is collateralized by substantially all of the Company’s domestic operations' trade accounts receivable.

About TransDigm Group Incorporated (NYSE:TDG)
TransDigm Group Incorporated is a designer, producer and supplier of engineered aircraft components for use on commercial and military aircraft in service. The Company operates through three segments: Power & Control, Airframe and Non-aviation. The Power & Control segment includes operations that primarily develop, produce and market systems and components that provide power to or control power of the aircraft utilizing electronic, fluid, power and mechanical motion control technologies. The Airframe segment includes operations that primarily develop and market systems and components that are used in non-power airframe applications utilizing airframe and cabin structure technologies. The Non-aviation segment includes operations that primarily develop, produce and market products for non-aviation markets. Its product offerings include mechanical/electro-mechanical actuators and controls, engineered latching and locking devices, and seat belts and safety restraints.