Flash FinanceUS
After hours S&P 5007,376.86+0.31% Nasdaq24,579.42+1.09% Dow 3051,285.73-0.46% Russell 20002,754.11+0.89% Nasdaq-10026,989.99+1.35% MidCap 4003,602.50+0.56% SmallCap 6001,673.98+0.05% VIX25.64-9.01% 10Y Yield4.86+0.45% Close of Nov 06, 2026
AI brief of an SEC Form 8-K · TTM Technologies (TTMI)

TTM Technologies refinances $340.4 million term loan, adds $1.0 billion revolver

Neutral Impact 4 of 5 financing Written later

TTM Technologies entered a new $400 million senior secured term loan and a $1.0 billion revolving credit facility on June 1, 2026, using the term loan proceeds to refinance $340.4 million of outstanding debt under its prior term loan. The new term loan's interest rate is 50 basis points lower than the prior facility, and the revolver replaces two $150 million asset-based lending facilities, with both facilities maturing in 2030 and 2031 respectively.

Key points

  • New $400.0 million term loan carries Term SOFR plus 1.75%, a 50 basis point reduction from the prior facility, and matures May 30, 2030.
  • New $1.0 billion revolver matures May 2031 and replaces the $150.0 million U.S. and $150.0 million Asia asset-based revolving facilities.
  • Credit agreement requires a minimum interest coverage ratio of 2.50:1.00 and a maximum leverage ratio of 4.50:1.00 for the revolver, and restricts dividends and other shareholder distributions.

The filing

CompanyTTM Technologies (TTMI)
Form8-K, current report
Filed with the SECJun 3, 2026, 5:00 PM ET
Accession number0001193125-26-255711

Items reported: 1.01 Material Definitive Agreement1.02 Termination of Material Agreement2.03 New Direct Financial Obligation3.03 Change to Shareholder Rights7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 12:57 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on June 03, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.