MKS Instruments (MKSI) has shared an announcement.
MKS Instruments, Inc. successfully amended its credit terms, reducing interest rates and refinancing its senior secured term loans with a new $2.65 billion and €800 million tranches. This savvy financial move, effective July 23, 2024, not only improved the company’s loan conditions but also extended the premium payment period for early loan repayment, reflecting a strategic approach to managing its debt and optimizing financial flexibility. These changes underscore MKS Instruments’ proactive efforts in achieving more favorable credit terms amidst the complex financial landscape.
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