Simpson Thacher represented JPMorgan Chase Bank, N.A., as administrative agent, in connection with the financing for the acquisition of Viasystems Group, Inc. by TTM Technologies, Inc. The financing consists of a $1.115 billion senior secured term loan facility and a $150 million senior secured asset-based revolving credit facility.
California-based TTM Technologies, Inc. is a leading global provider of time-critical and technologically complex printed circuit board (“PCB”) products and backplane assemblies (PCBs populated with electronic components). Viasystems Group, Inc., headquartered in St. Louis, MO, is a leading worldwide provider of complex multi-layer PCBs and electro-mechanical solutions.
The Simpson Thacher team included J.T. Knight, Jessica Tuchinsky, Lindsay Thomas and Jim Russell (Credit); Edward Chung (M&A); and Art Robinson, David Azarkh and Matthew Gabbard (Capital Markets).