MKS Instruments Announces Upgrade from S&P Global Ratings
MKS Instruments, Inc. (MKSI)
Last mks instruments, inc. earnings: 4/28 04:30 pm
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Source: GlobeNewswire
ANDOVER, Mass., Sept. 26, 2017 (GLOBE NEWSWIRE) -- MKS Instruments, Inc. (NASDAQ:MKSI), a global provider of technologies that enable advanced processes and improve productivity, announced today that S&P Global Ratings (“S&P”) raised their corporate credit rating to 'BB+' from 'BB' on improved credit metrics. Simultaneously, S&P raised the issue-level rating on the company's senior secured term loan to investment grade 'BBB-' with a stable outlook. According to S&P, the rating action reflects the company’s improved financial metrics over the past year and successful integration of the Newport acquisition. “We are pleased that S&P has recognized both our strong operating performance and our substantial progress on delevering our balance sheet,” said Seth H. Bagshaw, Senior Vice President and Chief Financial Officer. “This upgrade from S&P, as well as the recent upgrade from Moody’s, reflects our continued progress in both the integration of Newport Corporation and strong execut
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MKSI
Earnings
- 2/7/24 - Beat
MKSI
Sec Filings
- 4/16/24 - Form 4
- 4/2/24 - Form 4
- 4/1/24 - Form 8-K
- MKSI's page on the SEC website