TTM Technologies Announces Proposed Offering of $500 Million Senior Notes Due 2034

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announced its intention to offer $500 million in senior notes due 2034 in a private offering exempt from registration under the Securities Act of 1933. The net proceeds, along with borrowings from incremental senior secured term loans, will be used to fund the acquisition of EDS Intermediate Holding, LLC, for general corporate purposes, and to pay related fees and expenses. The offering is not contingent on the acquisition, but if the acquisition is not completed by November 15, 2026, TTM will be required to redeem the notes. The notes will be senior unsecured obligations guaranteed by TTM's subsidiaries.

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About TTM Technologies, Inc.

TTM Technologies, Inc. is a leading global provider of printed circuit boards (PCBs) and related electronic manufacturing solutions. Serving a diverse range of industries, TTM Technologies focuses on delivering high-quality, technologically advanced PCBs and solutions to sectors such as aerospace, defense, medical, industrial, networking, and automotive industries. These segments demand precision, reliability, and innovation, making the company's offerings integral to their operations. TTM Technologies' capability to offer a comprehensive range of PCB products, from standard to complex multilayer printed circuit assemblies, highlights its robust manufacturing expertise and market adaptability. The company stands out with its advanced engineering services, which enable the development of custom and prototypical designs tailored to specific client needs, thereby fostering innovation and efficiency in electronics manufacturing. With facilities strategically located across North America and Asia, TTM Technologies harnesses global footprints to meet timely delivery requirements, support quick-turn prototypes, and cater to high-volume production. This operational agility underlines its critical role within the supply chain, ensuring the seamless integration of electronic solutions across various high-tech applications worldwide.