E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 2/14/2024 in the Prospect News Bank Loan Daily.

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.


© 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.