Amkor Completes Sale Of $300 Million Of Senior Notes
Amkor Technology has completed its previously announced offering of $300 million aggregate principal amount of its 6.375% Senior Notes due 2022.
The company expects to use a portion of the net proceeds of this offering to repay approximately $224.9 million of debt of certain of its subsidiaries. Any remaining net proceeds would be used for general corporate purposes.
Amkor says this announcement does not constitute an offer to sell or a solicitation of an offer to buy any of the Notes, nor will there be any offer, solicitation or sale in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful.
The Notes have not been registered under the Securities Act of 1933, as amended, or any state securities laws and may not be offered or sold in the United States absent registration or an applicable exemption from such registration requirements.
Amkor provides semiconductor packaging and test services to semiconductor companies and electronics OEMs.