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Entegris to draw $75 million under revolver for notes redemption
By Sara Rosenberg
New York, April 16 – Entegris Inc. plans to borrow $75 million under its revolving credit facility to help redeem all of its existing senior notes due 2026 and to pay fees and expenses related to the transaction, according to a market source.
Other funds for the redemption will come from the sale of $400 million of senior notes and cash on hand.
Entegris is a Billerica, Mass.-based provider of specialty chemicals and advanced materials solutions for the microelectronics industry.
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