tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

MKS Prices €1 Billion Senior Notes to Refinance Debt

Story Highlights
MKS Prices €1 Billion Senior Notes to Refinance Debt

Claim 50% Off TipRanks Premium

MKS ( (MKSI) ) just unveiled an update.

On January 26, 2026, MKS Inc. announced plans for a private offering of €1.0 billion in senior unsecured notes due 2034, followed on January 28, 2026, by the announcement of pricing for the issue, which is being placed with qualified institutional buyers under Rule 144A and with non-U.S. investors under Regulation S. The company expects to receive roughly €985 million in net proceeds and, together with proceeds from previously announced refinancings of its $2.2 billion U.S. dollar tranche B term loan and €587 million euro tranche B term loan plus cash on hand, intends to prepay about $1.3 billion of and fully refinance the U.S. dollar tranche B facility and fully refinance the euro tranche B facility, with the note offering scheduled to close on February 4, 2026, subject to customary conditions, in a move that will significantly reshape and extend the company’s debt profile and could reduce its reliance on term-loan financing.

The most recent analyst rating on (MKSI) stock is a Buy with a $260.00 price target. To see the full list of analyst forecasts on MKS stock, see the MKSI Stock Forecast page.

Spark’s Take on MKSI Stock

According to Spark, TipRanks’ AI Analyst, MKSI is a Outperform.

MKSI’s score is driven primarily by strong cash flow generation and improving leverage, reinforced by a solid earnings update and ongoing deleveraging efforts. The technical backdrop is bullish but appears overextended, while the biggest offset is a rich valuation (high P/E and low yield) that leaves less room for execution missteps.

To see Spark’s full report on MKSI stock, click here.

More about MKS

MKS Inc. (NASDAQ: MKSI), based in Andover, Massachusetts, is a company that raises capital in global debt markets and maintains a significant presence in both U.S. dollar and euro term loan facilities, reflecting an international institutional investor base for its financing activities.

Average Trading Volume: 1,023,126

Technical Sentiment Signal: Buy

Current Market Cap: $14.69B

See more data about MKSI stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1