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0 0 0 0 -0.000391772771792422 -0.00303623898139082 0.0041136141038198 0.00293829578844268
Stock impact report

Entegris Announces Proposed $350 Million Senior Unsecured Notes Offering

Entegris, Inc. (ENTG) 
Last entegris, inc. earnings: 4/21 06:00 am Check Earnings Report
US:NASDAQ Investor Relations: investor.entegris.com/investor-relations
Company Research Source: Business Wire
Expected proceeds to be used to repay revolving loan facility, a portion of term loan facility and for general corporate purposes BILLERICA, Mass.--(BUSINESS WIRE)--Entegris, Inc. (NASDAQ: ENTG) (the “Company”) today announced that it intends to offer $350 million aggregate principal amount of senior unsecured notes due 2028 (the “2028 Notes”) in a private offering. The 2028 Notes will be guaranteed by certain subsidiaries of the Company. The offering and terms of the 2028 Notes are subject to market conditions.The Company intends to use the net proceeds of the offering: (i) to repay approximately $142 million of borrowings under its revolving credit facility, representing the entire aggregate principal amount outstanding thereunder, (ii) based on current conditions subject to change, to repay approximately $200 million of outstanding borrowings under its term loan facility over the course of the next several quarters and (iii) for general corporate purposes, including operating ex Show less Read more
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