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Stock Market & Financial Investment News

News Breaks
July 3, 2013
14:01 EDTTDGTransDigm board authorizes special dividend of $22 per share
TransDigm Group announced that its wholly-owned subsidiary, TransDigm, received the funding of an additional incremental term loan of $900M at a current interest rate of approximately 3.8% and that it has successfully completed its previously announced offering of $500M aggregate principal amount of 7.5% senior subordinated notes due 2021. These transactions yield an approximate weighted average current interest rate of 5% on the new debt, modestly lower than our existing debt...TransDigm Group also announced that its board of directors has authorized and declared a special cash dividend of $22 on each outstanding share of common stock and cash dividend equivalent payments under certain of its stock option plans. The record date for the special dividend is July 15 , and the payment date for the dividend is July 25.
News For TDG From The Last 14 Days
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April 20, 2015
09:19 EDTTDGTransDigm shares attractive ahead of results, says KeyBanc
KeyBanc recommends that investors have exposure to TransDigm ahead of its Q1 results. The firm expects the company's commercial aftermarket growth to accelerate on a sequential basis and predicts that the distribution challenges it experienced in Q1 will be resolved.

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