Item 8.01. Other Events.
On April 23, 2020, Entegris, Inc. issued a press release announcing that it
intends to (i) offer $350 million aggregate principal amount of senior unsecured
notes due 2028 (the "2028 Notes") in a private offering and (ii) use the net
proceeds from this offering: (a) to repay approximately $142 million of
borrowings under its revolving credit facility, representing the entire
aggregate principal amount outstanding thereunder, (b) based on current
conditions subject to change, to repay approximately $200 million of outstanding
borrowings under its term loan facility over the course of the next several
quarters and (c) for general corporate purposes, including operating expenses
and capital expenditures.
This Current Report on Form 8-K does not constitute an offer to sell, or the
solicitation of an offer to buy, the 2028 Notes, and shall not constitute an
offer, solicitation or sale in any state or jurisdiction in which such offer,
solicitation or sale would be unlawful.
A copy of the press release is attached hereto as Exhibit 99.1 and is
incorporated herein by reference.
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