Entegris amends credit agreement, new $750.0 million revolving facility maturing 2031
On April 29, 2026, Entegris and certain subsidiaries entered into Amendment No. 4 to their credit agreement with Morgan Stanley Senior Funding as administrative agent. The amendment provides a new five-year senior secured $750.0 million revolving credit facility and adjusts the company's limits on debt, liens, acquisitions, dividends and asset sales, while keeping a 5.20 to 1.00 maximum first lien net leverage covenant. The filing states the company's term loans outstanding total $400.0 million.
Key points
- New $750.0 million senior secured revolving credit facility matures April 29, 2031
- Margins range from 1.25% to 1.75% for Term Benchmark/RFR borrowings and 0.25% to 0.75% for base rate borrowings, depending on first lien net leverage
- Commitment fees on undrawn amounts are 0.20% to 0.30%; the 5.20 to 1.00 leverage covenant is tested only in certain circumstances
- Term loans outstanding total $400.0 million after prior prepayments
The filing
Written by AI on Nov 8, 2026, 12:42 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 29, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.