MKS Instruments to launch $628 million term B repricing on Thursday

By Sara Rosenberg

New York, Nov. 30 – MKS Instruments Inc. is set to hold a lender call at 11 a.m. ET on Thursday to launch a repricing of its $628 million term loan B due April 29, 2023, according to a market source.

Barclays is the bookrunner on the deal.

The loan will be repriced from Libor plus 350 basis points with a 0.75% Libor floor.

MKS is an Andover, Mass.-based provider of instruments, subsystems and process control solutions that measure, control, power, monitor and analyze critical parameters of advanced manufacturing processes.

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