TTM Prices $500M Senior Notes at 6.750% to Fund Epiq Solutions Acquisition
TTMI has more than doubled off its 52-week low of $46.01.
Summary
TTM Technologies priced $500 million of 6.750% senior notes due 2034 to fund its Epiq Solutions acquisition, with a special redemption clause if the deal falls through.
Key Events · Financing and Capital Events · TTMI
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$500M Notes Priced at 6.750%
TTM priced $500 million in senior unsecured notes due 2034 at a 6.750% coupon, with closing expected September 24, 2026.
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Special Mandatory Redemption Clause
If the Epiq Solutions acquisition is not completed by November 15, 2026 (extendable to May 15, 2027), TTM must redeem the notes at 100% of principal plus accrued interest.
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$1.6B Total Financing Package
The notes offering is part of a broader financing plan including $300 million in incremental term loan A and $800 million in incremental term loan B borrowings.
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Proceeds Fund Epiq Solutions Acquisition
Net proceeds will fund the $1.1 billion Epiq Solutions acquisition, general corporate purposes, and potential reduction of revolving credit facility borrowings.
Analysis · TTMI · Manufacturing
TTM Technologies has priced its $500 million senior notes offering at a 6.750% coupon, with closing expected September 24, 2026. The notes carry a special mandatory redemption feature: if the $1.1 billion Epiq Solutions acquisition is not completed by November 15, 2026 (extendable to May 15, 2027), TTM must redeem the notes at 100% of principal plus accrued interest. This protects bondholders but creates a hard deadline for the acquisition. The offering is part of a broader $1.6 billion financing package that includes $300 million in term loan A and $800 million in term loan B borrowings. The 6.750% rate reflects current market conditions for a company leveraging up for a major acquisition.
How filings like this one have moved
In the 30 days to Oct 17, 2026, 29.7% of the 1528 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.47%. These are measured outcomes after filings of this importance, not a forecast for this one.
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At the time of this filing, TTMI was trading at $122.07 on NASDAQ in the Manufacturing sector, with a market capitalization of approximately $12.9B. The 52-week trading range was $46.01 to $223.83. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.