AMKR senior notes offering draws $400M

May 23, 2011 — Amkor Technology, Inc. (NASDAQ:AMKR) completed its previously announced offering of $400 million aggregate principal amount of its 6.625% Senior Notes due 2021. The proceeds from the offering will be used to fund the company’s tender offer for the approximately $264.3 million aggregate principal amount of its outstanding 9.25% Senior Notes due 2016, for general corporate purposes, including the redemption of any 2016 Notes not tendered in the tender offer and the refinancing of the company’s 2.50% Convertible Senior Subordinated Notes due May 2011, and to pay related fees and expenses.

This announcement does not constitute an offer to sell or a solicitation of an offer to buy any of the notes, nor shall 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.

Also read: Lee Smith, Amkor, on the 3 generations of 3D packaging

Amkor is a leading provider of semiconductor assembly and test services to semiconductor companies and electronics OEMs. Learn more at www.amkor.com.

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