Company: AMKR
Filing Date: 2025-10-28
Form Type: 10-Q
Source: 0001047127-25-000190
Chunk: 158

Company: AMKOR TECHNOLOGY, INC.
Filing Date: 2025-10-28
Form: 10-Q
Item: Part I, Item 8
Chunk 158
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Term loans, SOFR plus 0.95%, due December 2026 (4)— 44,000 1,823,783 1,164,462 Less: Unamortized discount and deferred debt costs, net(11,835)(5,002)Less: Short-term borrowings and current portion of long-term debt(547,447)(236,029)Long-term debt$1,264,501 $923,431 (1)In July 2025, we redeemed $125.0 million (“July Redemption”) of our 6.625% Senior Notes due September 2027 (“2027 Notes”).  In September 2025, we issued a redemption notice (“September Redemption” and, together with the July Redemption, the “2027 Notes Redemptions”) for the remaining amounts due under our 2027 Notes, which was completed in October 2025.  The 2027 Notes Redemptions were funded with a portion of the net proceeds from the $500.0 million Term A Loans and a portion of the net proceeds from our issuance of the 2033 Notes described below.  In accordance with the terms of the indenture governing the 2027 Notes, the redemption price for the 2027 Notes Redemptions was 100% of the principal amount of the 2027 Notes plus accrued and unpaid interest.  As a result of the 2027 Notes Redemptions, we expect to record $1.8 million in charges for the early extinguishment of debt related costs, of which $0.5 million was recorded in the third quarter of 2025 with the remaining amount to be recorded in fourth quarter of 2025.

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Table of ContentsAMKOR TECHNOLOGY, INC.NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)(Unaudited)

(2)In September 2025, we issued $500.0 million of 5.875% Senior Notes due October 2033 (“2033 Notes”).  The 2033 Notes were issued at par value and are senior unsecured obligations guaranteed by our wholly-owned subsidiary, Guardian Assets, Inc. (“Guardian”).  Interest is payable semiannually on April 1 and October 1 of each year, commencing April 1, 2026.  We incurred $6.7 million of debt issuance costs associated with the 2033 Notes.  The proceeds