TTM Technologies, Inc. (NASDAQ: TTMI) announced on September 10, 2026, the pricing of $500 million in aggregate principal amount of senior notes due 2034. The notes are being offered in a private placement exempt from registration under the Securities Act of 1933. The closing of the sale is expected to occur on September 24, 2026, subject to customary closing conditions.
The notes will be senior unsecured obligations of the company and will be guaranteed by TTM’s subsidiaries that guarantee its senior secured credit facilities, including its term loan B due 2030 and its revolving credit facility, subject to certain exceptions.
The company intends to use the net proceeds from this offering, along with expected borrowings from a $300 million incremental senior secured term loan A and an $800 million incremental senior secured term loan B, to fund the purchase price for the proposed acquisition of EDS Intermediate Holding, LLC (Epiq Solutions). Proceeds may also be used for general corporate purposes, including the reduction of borrowings under the revolving credit facility, and to pay related fees and expenses.
The offering is not contingent on the completion of the Epiq Solutions acquisition. However, if the acquisition is not consummated on or before November 15, 2026 (subject to an automatic extension to May 15, 2027), TTM will be required to redeem the notes at 100% of the principal amount plus accrued interest.
