Amkor Calls for Redemption of a Portion of Its 10.5% Senior Subordinated Notes Due 2009.CHANDLER, Ariz. -- Amkor Technology, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on NM: AMKR AMKR Amkor Technology ) announced today that it is calling for the redemption on June 30, 2006 of $178,118,000 aggregate principal amount of its 10.5% Senior Subordinated Notes due 2009 (the "Notes"). The total aggregate principal amount outstanding of the Notes is $200 million. The CUSIP number CUSIP Number An identification number assigned to all stocks and registered bonds. The Committee on Uniform Securities Identification Procedures (CUSIP) oversees the entire CUSIP system. Notes: This system is used in the U.S. and Canada. for the Notes being called for redemption is 031652 AE 0. Upon redemption, the Notes will be redeemed at a price of $1,017.50 per $1,000 of principal amount, plus accrued and unpaid interest from May 1, 2006 to the redemption date Redemption date The date on which a bond matures or is redeemed. redemption date The date on which a debt security is scheduled to be redeemed by the issuer. The redemption date is the scheduled maturity date or, if applicable, a call date. of approximately $17.21 per $1,000 principal amount, for a total redemption price Redemption price See: Call price redemption price 1. The price at which an open-end investment company will buy back its shares from the owners. In most cases, the redemption price is the net asset value per share. 2. of approximately $1,034.71 per $1,000 principal amount of Notes. Notes in the principal aggregate amount of $178,118,000 will be automatically redeemed on June 30, 2006, and no further interest will accrue on the redeemed Notes. A Notice of Redemption is being mailed to all registered holders of the Notes. Copies of the Notice of Redemption may be obtained from U.S. Bank National Association, the Paying Agent, by calling Susan Freedman at 617-603-6665. About Amkor Amkor is a leading provider of advanced semiconductor assembly and test services. The company offers semiconductor companies and electronics OEMs a complete set of microelectronic design and manufacturing services. More information on Amkor is available from the company's SEC filings and on Amkor's web site: www.amkor.com. |
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