Amkor Technology Inc., based in Tempe, Arizona, has announced its plan to offer $400 million in senior notes due in 2033. The company aims to use the net proceeds from this offering, along with available cash, to redeem the $400 million principal amount of its existing 6.625% senior notes due in 2027. This move is part of Amkor's strategy to manage its debt portfolio. The new notes will be offered in a private placement to qualified institutional buyers and certain non-U.S. persons, and are not registered under the Securities Act. Amkor plans to invest the proceeds temporarily in cash or short-term securities until the redemption of the 2027 notes is completed.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Amkor Technology Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001047127-25-000175), on September 08, 2025, and is solely responsible for the information contained therein.