MKS Instruments Enters Material Definitive Agreement
Ticker: MKSI · Form: 8-K · Filed: Jul 23, 2024 · CIK: 1049502
Sentiment: neutral
Topics: material-agreement, financial-obligation
Related Tickers: MKSI
TL;DR
MKS Instruments signed a big deal, creating new financial obligations.
AI Summary
MKS Instruments, Inc. announced on July 23, 2024, that it entered into a material definitive agreement. This agreement also creates a direct financial obligation for the registrant. The filing also includes a Regulation FD Disclosure and financial statements and exhibits.
Why It Matters
This filing indicates a significant new agreement for MKS Instruments, potentially impacting its financial obligations and future operations.
Risk Assessment
Risk Level: medium — Entering into material definitive agreements and creating new financial obligations can introduce financial and operational risks.
Key Players & Entities
- MKS Instruments, Inc. (company) — Registrant
- July 23, 2024 (date) — Date of Earliest Event Reported
FAQ
What is the nature of the material definitive agreement entered into by MKS Instruments?
The filing states that MKS Instruments, Inc. entered into a material definitive agreement on July 23, 2024, but the specific details of the agreement are not provided in this summary.
What type of financial obligation does this agreement create for MKS Instruments?
The filing indicates that the agreement creates a direct financial obligation for the registrant, MKS Instruments, Inc.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on July 23, 2024.
What other items are included in this 8-K filing besides the material agreement?
This 8-K filing also includes a Regulation FD Disclosure and Financial Statements and Exhibits.
Where is MKS Instruments, Inc. headquartered?
MKS Instruments, Inc. is headquartered at 2 Tech Drive, Suite 201, Andover, Massachusetts 01810.
Filing Stats: 957 words · 4 min read · ~3 pages · Grade level 10.3 · Accepted 2024-07-23 09:07:01
Key Financial Figures
- $2,650 million — secured tranche B term loans with a new $2,650 million senior secured tranche B term loan (the
- $110 m — a voluntary prepayment of approximately $110 million, consisting of $69 million princi
- $69 million — proximately $110 million, consisting of $69 million principal amount of USD Tranche B loans
Filing Documents
- d861697d8k.htm (8-K) — 29KB
- d861697dex101.htm (EX-10.1) — 113KB
- d861697dex991.htm (EX-99.1) — 7KB
- g861697g58f62.jpg (GRAPHIC) — 6KB
- g861697g70v38.jpg (GRAPHIC) — 12KB
- g861697g94q46.jpg (GRAPHIC) — 5KB
- 0001193125-24-182623.txt ( ) — 326KB
- mksi-20240723.xsd (EX-101.SCH) — 3KB
- mksi-20240723_lab.xml (EX-101.LAB) — 18KB
- mksi-20240723_pre.xml (EX-101.PRE) — 11KB
- d861697d8k_htm.xml (XML) — 4KB
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 10.1 Fourth Amendment to Credit Agreement, dated as of July 23, 2024, by and among MKS Instruments, Inc., as parent borrower, the other loan parties party thereto, JPMorgan Chase Bank, N.A., as administrative agent, and each lender party thereto 99.1 Press Release dated July 23, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. July 23, 2024 MKS Instruments, Inc. By: /s/ Kathleen F. Burke Name: Kathleen F. Burke Title: Executive Vice President, General Counsel & Secretary