TTM Technologies Prices $500M Senior Notes Offering to Fund Epiq Solutions Acquisition

TTM Technologies, Inc. announced the pricing of a private offering of $500 million in senior unsecured notes. The proceeds, combined with $1.1 billion in new term loans, are intended to finance the previously announced acquisition of EDS Intermediate Holding, LLC ("Epiq Solutions").

Key Details

• Offering Terms: $500 million aggregate principal amount of 6.750% senior notes due 2034.
• Use of Proceeds: To fund the acquisition of Epiq Solutions, for general corporate purposes, and to pay related fees and expenses. The financing is supplemented by a planned $300M term loan A and $800M term loan B.
• Timeline: The sale of the notes is expected to close on September 24, 2026, subject to customary closing conditions.
• Contingency: The company is required to redeem the notes if the Epiq Solutions acquisition is not consummated by November 15, 2026 (subject to extension).