Company: AMKR
Filing Date: 2025-07-29
Form Type: 10-Q
Source: 0001047127-25-000168
Chunk: 133

Company: AMKOR TECHNOLOGY, INC.
Filing Date: 2025-07-29
Form: 10-Q
Item: Part I, Item 1
Chunk 133
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,000.0 million under the 2025 Revolving Credit Facility.  As of June 30, 2025, our foreign subsidiaries also had $62.6 million available to be borrowed under term loan credit facilities.

As of June 30, 2025, we had debt of $1,573.0 million, with $374.9 million payable within 12 months.  As of June 30, 2025, the interest payment obligations, based on stated coupon rates for fixed rate debt and interest rates applicable at June 30, 2025 for variable rate debt, were $214.1 million during the remaining term of the debt.  Interest payment obligations payable within 12 months were $68.1 million.  We were in compliance with all debt covenants as of June 30, 2025, and we expect to remain in compliance with these covenants for at least the next 12 months.  For additional information regarding our debt arrangements, please refer to Note 11 to our Consolidated Financial Statements in Part 1, Item 1 of this Form 10-Q.

Certain of our debt agreements contain affirmative and negative covenants, including covenants to maintain a minimum interest coverage ratio and a maximum consolidated leverage ratio, which restrict our ability to pay dividends and could restrict our operations.  These restrictions do not currently have a material impact on our ability to make dividend payments or stock repurchases.

The debt of Amkor Technology, Inc. is structurally subordinated in right of payment to all existing and future debt and other liabilities of our subsidiaries.  From time to time, Amkor Technology, Inc., ATSH and Guardian guarantee certain debt of our subsidiaries.  

In order to reduce our debt and future cash interest payments, we may from time to time repurchase or redeem our outstanding senior notes for cash or exchange shares of our common stock for our outstanding senior notes.  Any such transaction may be made in the open market, through privately negotiated transactions or otherwise and would be subject to the terms of our indentures and other debt agreements, market conditions and other factors.  

We lease certain machinery and equipment, office space and manufacturing facilities.  As of June 30, 2025, our total remaining operating lease obligations and finance lease obligations were $88.5 million and $187.6 million, respectively, with $28.5 million and $59.9 million payable within 12 months, respectively.  The lease obligations