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TransDigm Holdings UK plc -- Moody's affirms TransDigm's B1 CFR; Ba2 senior secured debt under review for downgrade

Moody's Investors Service ("Moody's") affirmed certain ratings for TransDigm Inc. including the B1 Corporate Family Rating (CFR), the B1-PD Probability of Default Rating and the B3 senior subordinated rating. Concurrently, Moody's placed the senior secured Ba2 ratings under review for downgrade and anticipates that if the pending acquisition of Esterline Technologies Corp. ("Esterline") is substantially financed through incremental senior secured debt, the senior secured ratings would be downgraded to Ba3.