Entegris to repay a portion of bank debt with common stock proceeds

By Sara Rosenberg

New York, Sept. 8 - Entegris Inc. plans to repay some borrowings under its credit facility using proceeds from the sale of 12 million shares of common stock, according to a 424B5 filed with the Securities and Exchange Commission on Tuesday.

Net proceeds from the offering are estimated to be roughly $45.4 million.

Entegris is a Chaska, Minn.-based developer, manufacturer and supplier of materials integrity management services to the semiconductor and data storage markets.

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