Business

MKS Announces Closing of Private Offering of €1 Billion of 4.250% Senior Notes and Refinancing of Term Loan Facility

ANDOVER, Mass., Feb. 04, 2026 (GLOBE NEWSWIRE) -- MKS Inc. (NASDAQ: MKSI) (“MKS”) today announced the closing of its private offering (the “offering”) of €1.0 billion aggregate principal amount of 4.250% senior notes due 2034 (the “notes”). In addition, MKS announced that it has completed the previously announced refinancing of its existing $2.2 billion U.S. dollar tranche B term loan, €587 million euro tranche B term loan and $675 million revolving credit facility with a new $914 million U.S. d

articleMks Inc.February 4, 20264/company/mks-instruments-inc/news/mks-announces-closing-private-offering-140800774
MKS Announces Closing of Private Offering of €1 Billion of 4.250% Senior Notes and Refinancing of Term Loan Facility

About this update from Mks Inc.

[{"type":"image","alt":"MKS Inc.","displaySize":"","headline":null,"caption":"MKS Inc.","className":"","disableSlideshowImg":false,"size":{"original":{"width":300,"height":91,"url":"https://media.zenfs.com/en/globenewswire.com/799906a7dfba7938e81f9e4529f67f53"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/MXY9.HHU5hZ0dSsH9EXLQw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTEyNztjZj13ZWJw/https://media.zenfs.com/en/globenewswire.com/799906a7dfba7938e81f9e4529f67f53","width":300,"height":91}},"lazy":false},{"type":"text","content":"ANDOVER, Mass., Feb. 04, 2026 (GLOBE NEWSWIRE) -- MKS Inc. (NASDAQ: MKSI) (“MKS”) today announced the closing of its private offering (the “offering”) of €1.0 billion aggregate principal amount of 4.250% senior notes due 2034 (the “notes”).","length":240,"tagName":"p"},{"type":"text","content":"In addition, MKS announced that it has completed the previously announced refinancing of its existing $2.2 billion U.S. dollar tranche B term loan, €587 million euro tranche B term loan and $675 million revolving credit facility with a new $914 million U.S. dollar tranche B term loan, €587 million euro tranche B term loan and $1.0 billion revolving credit facility. The refinancing resulted in (i) an extension of the maturity of the above-described term loan facility to 2033 and the revolving credit facility to 2031 and (ii) a reduction of the interest rate for (a) the U.S. dollar tranche B term loan from SOFR plus a margin of 200 basis points to SOFR plus 175 basis points, (b) the euro tranche B term loan from EURIBOR plus a margin of 250 basis points to EURIBOR plus 200 basis points and (c) the revolving credit facility from SOFR plus a margin of 250 basis points to SOFR plus 175 basis points. The refinancing also eliminated the credit spread adjustment applicable to SOFR borrowings under the revolving credit facility, which previously added 10 basis points, 15 basis points, and 25 basis points to one-month, three-month and six-month interest periods, respectively.","length":1184,"tagName":"p"},{"type":"text","content":"MKS used the net proceeds from the offering, together with cash on hand, to prepay approximately $1.3 billion of its U.S. dollar tranche B term loan.","length":149,"tagName":"p"},{"type":"text","content":"The combined actions described above diversify MKS’ capital structure, replace a portion of its secured debt with unsecure...

More updates from Mks Inc.

basis pointsrevolving credit facilitySecurities ActSOFRMKSterm loan