TTM Technologies buys back $142.6 million 3.25% convertibles due 2015

By Susanna Moon

Chicago, Dec. 20 - TTM Technologies, Inc. repurchased $142.6 million principal amount of its outstanding 3.25% convertible senior notes due 2015 using $147.9 million of proceeds from a new issue of notes, according to an 8-K filing with the Securities and Exchange Commission.

In connection with the repurchases, the company entered into partial unwind agreements with JPMorgan Chase Bank, NA, London Branch on Dec. 16 and Dec. 19.

Costa Mesa, Calif.-based TTM is a maker of printed circuit board, or PCB.

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