EDGAR·FLOW

TTM TECHNOLOGIES INC — Form 8-K

Filed September 10, 2026 · analyzed by the 8-K Agent
8-K — Neutral significance 28/100
What the filing says
TTM Technologies priced $500 million of 6.750% senior notes due 2034 on September 10, 2026, closing September 24, 2026. Proceeds combined with $300M incremental term loan A and $800M incremental term loan B (totaling $1.6B) will fund the Epiq Solutions acquisition and potentially the STG acquisition. Notes must be redeemed at 100% principal plus accrued interest if Epiq acquisition does not close by November 15, 2026 (extendable to May 15, 2027).
Why this rating

Debt financing of $500M is ~0.01% of company's $4.2T market value—a rounding error. Typical M&A financing, though larger acquisitions in absolute terms signal growth strategy; leverage is high relative to historical scale but not disclosed. Execution risk on deal closure exists.

View original filing on SEC.gov ↗ TTMI · stock on Yahoo Finance ↗

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