Amkor Technology pricing $200 million tap of 6 3/8% notes Wednesday

By Paul A. Harris

Portland, Ore., May 15 - Amkor Technology, Inc. plans to price a $200 million add-on to its 6 3/8% senior notes due Oct. 1, 2022 (existing ratings Ba3/BB) on Wednesday, according to a market source.

Deutsche Bank Securities Inc. and Credit Suisse Securities (USA) LLC are the joint bookrunners.

The Rule 144A and Regulation S notes become callable on Oct. 1, 2016 at 104.781.

The Chandler, Ariz.-based semiconductor company plans to use the proceeds for general corporate purposes, which may include, among other things, capital additions, acquisitions and other investments.

The original $300 million issue priced at par on Sept. 18, 2012.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.