MKS Instruments Completes Refinancing of Secured Term Loan A

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completed the refinancing of its existing $744 million secured tranche A term loans using a portion of the proceeds from its $490 million incremental U.S. dollar tranche B term loans and €250 million incremental Euro tranche B term loans. The refinancing extended the maturity of the loans to 2029 and is expected to reduce MKS's weighted average cost of debt by approximately 30 to 35 basis points. The transaction was facilitated by JP Morgan and is expected to add flexibility and simplify MKS's capital structure.

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About MKS Instruments Inc.

MKS Instruments Inc. designs and manufactures instruments, subsystems, and process control solutions for advanced manufacturing processes. The company's primary function is to provide essential technologies for manufacturers of semiconductors, industrial technologies, life and health sciences, and other advanced products. MKS Instruments focuses on critical areas like vacuum and gas technologies, photonics, and laser solutions, enabling precise measurement, control, and analysis crucial for product quality and efficiency. MKS Instruments plays a vital role in the semiconductor industry by offering products that ensure the precision and accuracy required for advanced fabrication processes. The company's innovative technologies are also significant in areas such as aerospace, defense, and research sectors, where precision and reliability are paramount. With a legacy dating back to 1961, MKS Instruments has cemented its position in the financial markets as a trusted provider of advanced technology solutions. Its contributions are pivotal in supporting the development of next-generation technologies, making it a key player in driving technological advancement and efficiency across multiple industries.