TTM Closes $1 Billion Revolver, Upsized $400 Million Term Loan

MT Newswires Live

06/04

TTM Technologies (TTMI) said late Wednesday it closed a new $1 billion cash flow senior secured revolver and a repriced and upsized $400 million senior secured term loan B.

The new term loan B has been priced at Term SOFR + 1.75%, a reduction of 50 basis points from prior commitments, the company said.

The revolver has a maximum availability of $1 billion and matures in May 2031, replacing the company's prior $150 million US and $150 million Asia asset-based lending facilities.

免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。

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