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MKS Prices Private Offering of Senior Notes due 2034

BY MT Newswires | CORPORATE | 01/28/26 02:05 PM EST

02:05 PM EST, 01/28/2026 (MT Newswires) -- MKS (MKSI) said Wednesday it is pricing its private offering of 1 billion euros ($1.19 billion) aggregate principal amount of 4.250% senior notes due 2034.

The offering is expected to close on Feb. 4, subject to customary closing conditions, the company said.

MKS said it expects the net proceeds from the offering to be approximately 985 million euros, and plans to use it to prepay and refinance certain tranche B term loans.

The notes will bear interest payable semiannually in arrears on Feb. 15 and Aug. 15 every year. The notes will mature on Feb. 15, 2034, unless redeemed earlier or repurchased, the company added.

Shares of the company were up about 2% in recent Wednesday trading.

Price: 237.23, Change: +7.63, Percent Change: +3.32

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.

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