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Entegris Makes Public Stock Offering

September 14, 2009 (FinancialWire) — Entegris, Inc. (NASDAQ: ENTG) has commenced an underwritten public offering of up to 12.0 million shares of its common stock pursuant to the company’s shelf registration statement filed with the Securities and Exchange Commission .

The underwriters will have the option to purchase up to an additional 1.8 million shares of common stock from the company at the public offering price, less underwriting discounts and commissions, within 30 days, solely to cover over-allotments. The company intends to use the net proceeds from the offering to reduce the outstanding borrowings under its credit agreement.

Citigroup Global Markets Inc. is serving as sole book-running manager for the offering. Goldman, Sachs & Co. is serving as joint-lead manager and Craig-Hallum Capital Group LLC, ABN AMRO Inc. and PNC Capital Markets LLC are serving as co-managers.

 

The shares will be issued pursuant to a shelf registration statement that was previously filed with the SEC and was declared effective on September 4, 2009.

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