Entegris to redeem all $360 million 6% notes with new note proceeds

By Sarah Lizee

Olympia, Wash., Nov. 1 – Entegris, Inc. plans to redeem all $360 million of its 6% senior notes due 2022 using proceeds from a new issue of $450 million of senior notes due 2026, according to a press release.

The notes will be redeemed at 104.5% of par plus accrued interest up to but excluding the redemption date.

Proceeds will also be used to pay fees and expenses related to the redemption and for general corporate purposes.

Entegris is a Billerica, Mass.-based provider of solutions for advanced manufacturing in a variety of high technology industries, including semiconductor, microelectronics, alternative energy and life sciences.

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