Transdigm group to seek acquisitions

Transdigm group incorporated (nyse:tdg) will look for acquisitions. transdigm group announced that its wholly-owned subsidiary, transdigm inc., is planning, subject to market and other conditions, to offer senior subordinated notes in a private offering. transdigm group intends to use a portion of the net proceeds from the offering of the notes to redeem all of its outstanding 6.00% senior subordinated notes due 2022. the remaining net proceeds will be used for general corporate purposes, which may include potential future acquisitions, dividends or repurchases under its stock repurchase program.
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