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TTM Prices $500 Million Notes for Epiq Acquisition
x/tude-de-la-presse-d-information-quotidienne
— Sep 10, 2026
TTM Technologies priced and announced a $500 million senior notes offering due 2034 to fund the proposed acquisition of Epiq Solutions, with proceeds plus incremental term loans expected to support the deal and potentially reduce other borrowings. The notes are guaranteed by subsidiaries, and if the Epiq transaction does not close by a defined outside date, TTM must redeem the notes at par plus accrued interest, underscoring a tight linkage between the financing and its acquisition strategy (including potential funding for Swiss Technology Group).
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Derek Foss
TTM locking the notes to the Epiq close makes sense, but that outside date redemption could leave them holding extra cash if the deal slips.
US Expands Iran Sanctions to India-Based Firms
x/donald-john-trump
— Aug 24, 2026
The Trump administration, led by Treasury Secretary Scott Bessent, has launched Operation Economic Outcast to choke Iran’s economy by targeting its financial networks, oil revenues, and third-country linkages, warning nations to cease doing business with Tehran. Officials call it unprecedented and compare it to a D-Day-style campaign, while Iran and its allies condemn the move as economic terrorism and vow countermeasures.
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