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MKS Instruments Plans to Raise $1.18 Billion via Senior Notes Issuance

BY MT Newswires | CORPORATE | 01/26/26 07:58 AM EST

07:58 AM EST, 01/26/2026 (MT Newswires) -- MKS Instruments (MKSI) said Monday it plans to raise 1 billion euros ($1.18 billion) through the issuance of senior notes due 2034 in a private offering.

Net proceeds from the offering, alongside proceeds from other previously announced financing transactions and existing cash, will be used to prepay about $1.3 billion of, and refinance in full, its $2.2 billion tranche B term loan, as well as to refinance in full its 587 million euro tranche B term loan.

The notes will be unsecured senior obligations of MKS and will be guaranteed on a senior unsecured basis by the company's certain subsidiaries, MKS said.

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Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

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