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TransDigm mulls $75 million add-on to notes due 2008
St. Louis, Mo., May 23 - Transdigm Inc. announced Thursday that it is "contemplating offering" a $75 million add-on to is 10 3/8% senior subordinated notes due 2008.
Proceeds from the Rule 144A deal will be used to repay a portion of outstanding term loans under its credit facility.
TransDigm, a Richmond Heights, Ohio aerospace industry supplier, is a portfolio company of Odyssey Investment Partners LLC.
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