MKS Announces Proposed Private Offering of €1.0 Billion of Senior Notes

Core Viewpoint - MKS Inc. plans to offer €1.0 billion in senior notes due 2034 to refinance existing debt and improve its capital structure [1][2]. Group 1: Offering Details - The offering will consist of unsecured senior notes, guaranteed by certain subsidiaries of MKS [2]. - The notes will be sold to qualified institutional buyers under Rule 144A and to non-U.S. persons outside the United States under Regulation S [3]. Group 2: Use of Proceeds - MKS intends to use the net proceeds from the offering, along with funds from refinancing existing loans, to prepay approximately $1.3 billion of the USD Tranche B Term Loan and fully refinance both the USD and Euro Tranche B Term Loans [2].