Amkor Technology Completes Sale of $400 Million of its 6.625% Senior Notes due 2021

Amkor Technology, Inc. AMKR today announced that it has 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.