secwatch.observer — SEC 8-K summary
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Issuer:     TTM TECHNOLOGIES INC (TTMI)
CIK:        0001116942
Form:       8-K
Filed at:   2024-08-01T23:59:59+00:00
Accession:  0001193125-24-191480
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03
LLM model:  deepseek-v4-flash:cloud@v2

TTM Technologies refinances $346.5M term loan, reduces interest margin by 50 bps
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- New $346.5M senior secured term loan facility replaces existing 2023 term loan.
- Interest rate: 1-month CME Term SOFR + 2.25%, down 50 bps from prior facility.
- Maturity unchanged at May 30, 2030; proceeds refinance full outstanding balance.
- Estimated fees and expenses of approximately $1.0 million related to the amendment.
- Amendment entered into on August 1, 2024 with JPMorgan Chase as administrative agent.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1116942/000119312524191480/0001193125-24-191480-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1116942/000119312524191480/d817144d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-191480

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