secwatch / observer
8-K filed March 13, 2023, 7:59 PM ET ticker ENTG CIK 0001101302
debt confidence high sentiment neutral materiality 0.55

ENTEGRIS INC (ENTG): debt financing — Entegris refinances $2.495B term loans with new Tranche B loans at SOFR+2.75%

ENTEGRIS INC

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.95

ENTEGRIS INC amended credit facility of $2.495 billion with Morgan Stanley Senior Funding, Inc. at Term SOFR plus an applicable margin of 2.75% or a base rate plus an applicable m maturing July 6, 2029.

Instrument
credit facility
Principal
$2.495 billion
Counterparty
Morgan Stanley Senior Funding, Inc.
Rate
Term SOFR plus an applicable margin of 2.75% or a base rate plus an applicable m
Maturity
July 6, 2029
Event
amendment
Exact text from the filing
The Amendment provides for, among other things, the refinancing of Entegris’ outstanding term B loans under the Existing Credit Agreement in an aggregate principal amount of $2.495 billion (the “Original Tranche B Term Loans”) with a new tranche of term B loans under the Amended Credit Agreement in an aggregate principal amount of $2.495 billion (the “New Tranche B
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

ENTEGRIS INC amended Amendment No. 1 with Morgan Stanley Senior Funding, Inc., as administrative agent valued at $2.495 billion (effective 2023-03-10).

Action
amendment
Agreement
credit facility
Counterparty
Morgan Stanley Senior Funding, Inc., as administrative agent
Value
$2.495 billion
Effective
2023-03-10
Exact text from the filing
On March 10, 2023, Entegris, Inc., a Delaware corporation (“Entegris”) and certain of its subsidiaries entered into Amendment No. 1 (the “Amendment”) with the lenders party thereto and Morgan Stanley Senior Funding, Inc., as administrative agent, which amended the Credit and Guaranty Agreement, dated as of November 6, 2018 (as amended and restated as of July 6, 2022 and as further amended, restated, amended and restated, supplemented, modified and otherwise in effect prior to the effectiveness of the Amendment, the “Existing Credit Agreement” and, the Existing Credit Agreement as amended by the Amendment, the “Amended Credit Agreement”), by and among Entegris, as borrower, certain subsidiaries of Entegris party thereto, as guarantors, the lenders party thereto and Morgan Stanley Senior Funding, Inc., as administrative agent and collateral agent.
View on SEC.gov

102 debt financings filed in the last 30 days. Browse all debt financings →

ENTEGRIS INC filing history →

Source: SEC EDGAR
accession 0001140361-23-011406
Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.