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JPMorgan, Wells Fargo Arrange Financing to Support MTS Acquisition

May 12, 2016

MTS Systems signed a commitment letter with JPMorgan Chase Bank with respect to new debt financing to be utilized in connection with funding the company’s proposed acquisition of PCB Group.

MTS Systems has entered into an amended and restated commitment letter with JPMorgan, Wells Fargo Bank, WF Investment Holdings, Wells Fargo Securities, U.S. Bank, HSBC Bank USA and HSBC Securities (USA).

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