TTM Technologies Stock news
On June 3, 2026, TTM Technologies (TTMI) announced the completion of a new $1.0 billion senior secured revolving credit facility maturing in May 2031. This facility replaces the company's previous $150 million U.S. and $150 million Asia asset--based lending (ABL) facilities, representing a significant expansion of available liquidity. Simultaneously, the company finalized the repricing of its $400 million Term Loan B to SOFR plus 1.75%, a 50--basis point reduction in the interest rate spread. Management indicated that this enhanced capital structure provides the necessary financial flexibility to support strategic growth initiatives in the AI and defense sectors through fiscal 2026.