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Published on 5/20/2015 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Amkor Technology calls all $345 million 7 3/8% senior notes due 2018

By Tali Rackner

Norfolk, Va., May 20 – Amkor Technology, Inc. announced the redemption of all $345 million of its outstanding 7 3/8% senior notes due 2018, according to a press release.

The notes will be redeemed at 101.844 plus accrued interest to, but excluding, the redemption date of June 19.

Amkor plans to fund the redemption with borrowings under its credit facilities and cash on hand.

U.S. Bank NA is the trustee.

The semiconductor company is based in Chandler, Ariz.


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