TTM Technologies Stock news
On June 1, 2026, TTM Technologies (TTMI) announced the successful closing of its upsized $400 million senior secured Term Loan B facility maturing in 2033. The new facility is priced at SOFR plus 2.25%, representing a 50--basis point reduction in the interest rate spread compared to the company's previous credit agreement. Proceeds were utilized to refinance the existing term loan due in 2028 and to enhance liquidity for strategic expansions in the AI and aerospace sectors. This transaction completes the capital structure optimization plan unveiled during the company's Investor Day on May 27, 2026.