Amkor Technology Completes Sale of $500 Million of its 5.875% Senior Notes due 2033 and Announces Notice of Full Redemption of its 6.625% Senior Notes due 2027
In addition, the Company today announced that it has issued a notice for the redemption of all
The Company expects to use the net proceeds of the 2033 Notes offering to fund the redemption of the 2027 Notes, to pay related fees and expenses, and for general corporate purposes. Pending the use of the proceeds of the 2033 Notes Offering, the Company intends to invest the proceeds in cash, cash equivalents, investment grade securities or other short-term marketable securities.
A notice of redemption of the 2027 Notes has been sent to all currently registered holders of the 2027 Notes by
This announcement does not constitute an offer to sell or a solicitation of an offer to buy any of the 2033 Notes, nor shall there be any offer, solicitation or sale in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful.
The 2033 Notes were offered to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”), and to certain non-
About Amkor Technology, Inc.
Amkor Technology, Inc. (Nasdaq: AMKR) is the world’s largest
Forward-Looking Statement Disclaimer
This announcement contains forward-looking statements within the meaning of federal securities laws. All statements other than statements of historical fact are considered forward-looking statements including, without limitation, statements regarding the 2033 Notes offering and the terms and expected use of proceeds thereof. These forward-looking statements involve a number of risks, uncertainties, assumptions and other factors that could affect future results and cause actual results and events to differ materially from historical and expected results and those expressed or implied in the forward-looking statements, including, but not limited to, that there can be no assurance that (i) the 2033 Notes will be sold in the amount or on the terms expected or at all or (ii) the 2027 Notes will be redeemed in full or at all. Other important risk factors that could affect the outcome of the events set forth in these statements are discussed in the Company’s Annual Report on Form 10-K for the year ended December 31, 2024, and in its subsequent filings with the Securities and Exchange Commission made prior to or after the date hereof.
The Company undertakes no obligation to review or update any forward-looking statements to reflect events or circumstances occurring after the date of this announcement.
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Investor Relations
Jennifer Jue
Vice President, Investor Relations and Finance
480-786-7594
jennifer.jue@amkor.com
Source: Amkor Technology