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MKS Completes $1.18 Billion Notes Offering, Refinances Term Loans

BY MT Newswires | CORPORATE | 02/04/26 10:19 AM EST

10:19 AM EST, 02/04/2026 (MT Newswires) -- MKS (MKSI) closed its 1 billion euro ($1.18 billion) private offering of 4.25% senior notes due 2034.

The company also refinanced its existing $2.2 billion and 587 million euro tranche B term loans, along with its $675 million revolving credit facility, with new $914 million and 587 million euro tranche B term loans and $1 billion revolving credit facility.

Proceeds from the notes offering were used prepay $1.3 billion of the dollar tranche B term loan, MKS said Wednesday in a statement.

The combined transactions are expected to yield $27 million in annual interest savings, the company said.

Price: 231.64, Change: +2.06, Percent Change: +0.90

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