Amkor Technology, Inc. announced the pricing of $500 million in aggregate principal amount of its 5.875% Senior Notes due 2033 in a private placement.
The offering is expected to close on September 22, 2025, subject to customary closing conditions.
The net proceeds of the offering are anticipated to be around $494 million, with plans to redeem the outstanding $400 million aggregate principal amount of the 6.625% senior notes due 2027.
Offering Details
$500 million aggregate principal amount of 5.875% Senior Notes due 2033 priced in a private placement.
Proceeds Allocation
Approximately $494 million net proceeds expected, intended for redeeming outstanding 6.625% senior notes due 2027 and general corporate purposes.
Interest Payment
Interest on the 2033 Notes payable semi-annually at a rate of 5.875% per annum, starting April 1, 2026.
- The issuance of the 5.875% Senior Notes due 2033 will provide additional funding for Amkor Technology, supporting its financial operations and corporate initiatives.
- Redeeming the 6.625% senior notes due 2027 will help lower the company's interest expense, improving its overall financial position.
Amkor Technology's successful pricing of the 5.875% Senior Notes due 2033 demonstrates investor confidence in the company's financial stability and growth prospects.