Amkor says all 6.25% convertibles exchanged for stock ahead of call

New York, Jan. 19 - Amkor Technology, Inc. said all $100 million of its 6.25% convertible subordinated notes due 2013 have been converted into stock.

The company issued 13,351,131 shares at a conversion price of $7.49.

The notes were held by James Kim, Amkor's executive chairman, and trusts for the benefit of Kim family members.

Amkor announced on Dec. 27 that it would redeem the notes on Jan. 26 at 102.344 plus accrued interest to but excluding the redemption date unless they were converted earlier.

Based in Chandler, Ariz., Amkor provides semiconductor assembly and test services.

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