TTM Technologies, Inc. -- Moody's affirms TTM Technologies' B2 CFR and assigns new loan ratings; Outlook Stable

New York, April 23, 2015 -- Moody's Investors Service ("Moody's") affirmed the B2 Corporate Family Rating ("CFR") on TTM Technologies, Inc. ("TTM") and assigned ratings of Ba2, B2, and Caa1, respectively, to the company's newly proposed ABL revolver, first and second lien bank loans. Concurrently, Moody's has withdrawn its existing ratings on TTM's originally proposed debt structure following a change in the financing terms of the roughly $900 million acquisition of Viasystems. At the completion of the acquisition, Moody's will withdraw all existing Viasystems ratings. The outlook is stable.

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