Entegris Prices $550 Million Upsized Offering Notes

11/2/17

Entegris, Inc. (NasdaqGS: ENTG) , a leader in specialty chemicals and advanced materials solutions for the microelectronics industry, today announced that it has priced its private offering of $550 million aggregate principal amount of 4.625% Senior Notes due 2026. The offering was upsized from the previously announced $450 million aggregate principal amount of 2026 Notes. The 2026 Notes will be senior unsecured obligations of the Company and will be guaranteed by certain of its subsidiaries. The sale of the 2026 Notes is expected to close on November 10, 2017, subject to customary closing conditions.

The Company expects the net proceeds of the offering to be approximately $544 million, after deducting estimated commission and offering fees and expenses. The Company intends to use the net proceeds of the offering (i) to redeem all of the Company's 6.000% Senior Unsecured Notes due 2022 (the "2022 Notes"), of which an aggregate principal amount of $360 million is currently outstanding, at a redemption price equal to 104.500% of the principal amount of the 2022 Notes, plus accrued and unpaid interest to, but excluding, the date of redemption, (ii) to pay fees and expenses related to the redemption and (iii) for general corporate purposes. The Company has issued a conditional notice of redemption to redeem the 2022 Notes, which states that the redemption of the 2022 Notes is conditioned on the completion of the offering of the 2026 Notes.

ABOUT ENTEGRIS

Entegris is a leader in specialty chemicals and advanced materials solutions for the microelectronics industry and other high-tech industries. Entegris is ISO 9001 certified and has manufacturing, customer service and/or research facilities in the United States, China, France, Germany, Israel, Japan, Malaysia, Singapore, South Korea and Taiwan.

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