TTM closes $500M of 6.750% senior notes due 2034

TTM Technologies, Inc. said that on September 24, 2026 it completed its previously announced private offering of $500 million aggregate principal amount of 6.750% senior notes due 2034, issuing and selling the notes at par under an Indenture with U.S. Bank Trust Company, National Association as trustee.

TTM Technologies turned a September pricing into a closed $500 million senior notes book on September 24, 2026 — locking a 6.750% coupon out to 2034 and tying the takeout, in part, to a still-conditional acquisition of EDS Intermediate Holding, LLC.

$500 million of 6.750% notes due 2034

On September 24, 2026, TTM Technologies, Inc. (Nasdaq: TTMI) completed its previously announced private offering of $500 million aggregate principal amount of 6.750% senior notes due 2034. The company issued and sold the notes at par value the same day. Interest accrues at 6.750% per annum and is payable semi-annually in cash in arrears on April 1 and October 1, beginning April 1, 2027. The notes mature on October 1, 2034.

The notes were issued under an Indenture dated as of September 24, 2026 among TTM, the guarantors named in the Indenture, and U.S. Bank Trust Company, National Association as trustee. The notes are irrevocably and unconditionally guaranteed, jointly and severally, on a senior unsecured basis by TTM subsidiaries that guarantee its senior secured credit facilities, including its term loan B due 2030 and its revolving credit facility, subject to certain exceptions. They rank equally in right of payment with TTM’s and the guarantors’ existing and future senior unsecured indebtedness, including TTM’s outstanding 4.000% senior notes due March 1, 2029, and are effectively subordinated to existing and future secured debt — including those credit facilities and the Incremental Facilities described below — and structurally subordinated to liabilities of non-guarantor subsidiaries.

How the cash is meant to be used

Item 1.01 says TTM intends to use the net proceeds of the offering, together with expected borrowings from a $300 million incremental senior secured term loan A and an $800 million incremental senior secured term loan B (together, the Incremental Facilities), to fund the purchase price for the previously announced proposed acquisition of EDS Intermediate Holding, LLC, for general corporate purposes — which may include reducing outstanding revolving borrowings that would fund the previously announced acquisition of Swiss Technology Group AG — and to pay related fees and expenses.

Special mandatory redemption if EDS does not close

The notes are subject to a special mandatory redemption if (i) the EDS Intermediate Holding, LLC acquisition is not consummated on or before November 15, 2026, subject to automatic extension to May 15, 2027 in certain circumstances (the Outside Date), or (ii) TTM delivers written notice to the trustee that it has determined the acquisition will not occur on or before the Outside Date. In that event, TTM must redeem the notes at 100% of principal amount plus accrued and unpaid interest from the issuance date to, but excluding, the redemption date. A change of control triggers an offer to purchase at 101% of principal.

What this filing settles

This Form 8-K settles that the $500 million 6.750% senior notes offering closed on September 24, 2026 — not merely priced — with stated coupon, October 1, 2034 maturity, U.S. Bank Trust Company as trustee, subsidiary guarantees tied to the senior secured credit facilities, and an acquisition-linked special mandatory redemption. It does not, in Item 1.01, quantify net proceeds after discounts and fees, state that the EDS Intermediate Holding or Swiss Technology Group acquisitions have closed, or confirm that the Incremental Facilities have been drawn.