secwatch / observer
8-K filed February 14, 2024, 6:59 PM ET ticker MKSI CIK 0001049502
debt confidence high sentiment neutral materiality 0.50

MKS INC (MKSI): debt financing — MKS Instruments increases revolver by $175M to $675M

MKS INC

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

MKS INC amended revolving credit of increased the available borrowing capacity under its senior secured revolving credit facility by $175 million with JPMorgan Chase Bank, N.A..

Instrument
revolving credit
Principal
increased the available borrowing capacity under its senior secured revolving credit facility by $175 million
Counterparty
JPMorgan Chase Bank, N.A.
Event
amendment
Exact text from the filing
Pursuant to the Third Amendment, the Company increased the available borrowing capacity under its senior secured revolving credit facility by $175 million (the “Incremental Revolving Commitments”), from $500 million to $675 million.
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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

MKS INC amended Third Amendment to Credit Agreement with JPMorgan Chase Bank, N.A., as administrative agent and collateral agent valued at $175 million (effective 2024-02-13).

Action
amendment
Agreement
credit facility
Counterparty
JPMorgan Chase Bank, N.A., as administrative agent and collateral agent
Value
$175 million
Effective
2024-02-13
Exact text from the filing
On February 13, 2024 (the “Effective Date”), MKS Instruments, Inc., a Massachusetts corporation (the “Company”), entered into the Third Amendment to Credit Agreement (the “Third Amendment”), which amends the Credit Agreement, dated as of August 17, 2022, by and among the Company, the lenders and letter of credit issuers party thereto and JPMorgan Chase Bank, N.A., as administrative agent and collateral agent (as amended from time to time, including by the First Amendment to Credit Agreement, dated October 3, 2023, by the Second Amendment to Credit Agreement, dated January 22, 2024, and by the Third Amendment, the “Credit Agreement”). Pursuant to the Third Amendment, the Company increased the available borrowing capacity under its senior secured revolving credit facility by $175 million
View on SEC.gov

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MKS INC filing history →

Source: SEC EDGAR
accession 0001193125-24-034098
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