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TransDigm Holdings UK plc -- Moody's affirms TransDigm's B1 CFR; senior secured rating downgraded to Ba3; new senior secured notes assigned Ba3

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 downgraded senior secured ratings to Ba3 and assigned a Ba3 rating to TransDigm's new senior secured notes.