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MKS Instruments amends credit agreement, ups revolver by $175 million
By Mary-Katherine Stinson
Lexington, Ky., Feb. 14 – MKS Instruments, Inc. entered into a third amendment on Feb. 13 to its credit agreement dated Aug. 17, 2022 with JPMorgan Chase Bank, NA as administrative agent and collateral agent, according to an 8-K filing with the Securities and Exchange Commission.
Under the amendment, the company increased the available borrowing capacity under its senior secured revolving credit facility by $175 million, to $675 million from $500 million.
MKS paid customary fees and expenses in connection with the amendment.
MKS is an Andover, Mass.-based provider of instruments, subsystems and process control solutions that measure, control, power, monitor and analyze critical parameters of advanced manufacturing processes.
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