MKS Instruments Announces Closing of Private Offering of $1.4 Billion of 1.25% Convertible Senior Notes, Including Full Exercise of Option to Purchase $200 Million of Additional Notes

ANDOVER, Ma., May 16, 2024 (GLOBE NEWSWIRE) -- MKS Instruments, Inc. (NASDAQ: MKSI) ("MKS") today announced the closing of its offering of $1.4 billion aggregate principal amount of its 1.25% convertible senior notes due 2030 (the "notes"). The net proceeds from the offering were approximately $1,374.2 million, after deducting the initial purchasers' discounts and estimated offering expenses payable by MKS. The net proceeds include the full exercise of the $200.0 million option granted by MKS to the initial ...