Entegris talks $360 million eight-year senior notes to yield 6%-6¼%, pricing expected Tuesday

By Paul A. Harris

Portland, Ore., March 24 - Entegris, Inc. talked its $360 million offering of eight-year senior notes (B3/BB-/) to yield 6% to 6¼% on Monday, according to a market source.

Books close at 5 p.m. ET on Monday, except for accounts on the West Coast of the United States; books close at 11 a.m. ET on Tuesday for those accounts.

The deal is set to price on Tuesday.

Goldman Sachs & Co. is the bookrunner. Jefferies LLC, PNC Capital Markets, Stifel Nicolaus & Co. Inc. and U.S. Bancorp Investments Inc. are the co-managers.

The notes come with three years of call protection.

The Billerica, Mass.-based supplier of products and services in the semiconductor industry plans to use the proceeds to fund a portion of its proposed acquisition of ATMI, Inc.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.