MKS Instruments makes $50 million prepayment on term loan

By Wendy Van Sickle

Columbus, Ohio, July 1 – MKS Instruments Inc. made a $50 million voluntary prepayment on its secured term loan, according to a Monday press release.

Following the prepayment, the outstanding principal amount has been reduced to $947 million as of June 28 from about $1 billion as of March 31.

MKS is an Andover, Mass.-based provider of instruments, subsystems and process control solutions to improve performance and productivity of advanced manufacturing processes.

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