UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of
Report (Date of earliest event reported)
May 10, 2007
AMKOR TECHNOLOGY, INC.
(Exact name of
registrant as specified in its charter)
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DELAWARE |
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000-29472 |
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23-1722724 |
(State or Other Jurisdiction of
Incorporation) |
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(Commission File Number) |
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(IRS Employer
Identification No.) |
1900 SOUTH PRICE ROAD
CHANDLER, AZ 85248
(Address of Principal Executive Offices, including Zip Code)
(480) 821-5000
(Registrants telephone number, including area code)
Check the appropriate box below
if the Form 8-K filing is intended to simultaneously satisfy
the filing obligation of the registrant under any of the following provisions (see General
Instruction A.2. below):
o Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
TABLE OF CONTENTS
ITEM 2.04 Triggering Events
That Accelerate or Increase a Direct Financial Obligation or an
Obligation under an Off-Balance Sheet Arrangement.
On May 10,
2007, Amkor Technology, Inc. (the Company) gave notice to holders of its
outstanding 10.50% Senior Subordinated Notes due 2009 (the Notes) that it has elected to redeem
all remaining outstanding Notes issued pursuant to an Indenture, dated May 13, 1999 (as
supplemented, the Indenture), between the Company and U.S. Bank National Association, as
successor to State Street Bank and Trust Company, as trustee. As of May 10, 2007, the aggregate
principal amount of the remaining Notes outstanding was $21,882,000.
Pursuant
to the Notes and the terms of the Indenture, the Notes will be redeemed on June 11,
2007, at a redemption price equal to 100% of the outstanding principal amount, plus accrued and
unpaid interest from May 1, 2007 to the redemption date of approximately $11.67 per $1,000
principal amount, for a total redemption price of approximately $1,011.67 per $1,000 principal
amount of Notes. The Notes will cease to be outstanding and no further interest will accrue on the
Notes after June 11, 2007. Amkor will fund the redemption with existing cash balances.
ITEM 7.01 Regulation FD Disclosure.
On
May 10, 2007, the Company issued a press release announcing the redemption of the
Notes. A copy of the press release is attached as Exhibit 99.2 to this Current Report and is
incorporated by reference herein.
ITEM 9.01 Financial Statements and Exhibits
(c) Exhibits.
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Exhibit |
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Description |
99.1 |
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Notice of Redemption dated May 10, 2007, to holders of the
Companys 10.50% Senior Subordinated Notes due 2009. |
99.2 |
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Press Release issued by Amkor Technology, Inc. on May 10, 2007,
announcing the call for redemption of all of its outstanding
10.50% Senior Subordinated Notes due 2009. |