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TransDigm Inc. -- Moody's rates Transdigm's add-on senior secured notes Ba3; ratings on review for downgrade

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Moody's Investors Service ("Moody's") rated TransDigm Inc.'s planned $400 million add-on to its senior secured notes due 2026 Ba3 and placed the rating on review for downgrade. All other ratings, including the company's B1 corporate family rating (CFR) and B1-PD probability of default rating, as well as the Ba3 ratings for its senior secured bank credit facilities and existing senior secured notes and the B3 ratings for its senior subordinated notes, are unchanged and remain on review for downgrade.