Company: AMKR
Filing Date: 2025-10-28
Form Type: 10-Q
Source: 0001047127-25-000190
Chunk: 221

Company: AMKOR TECHNOLOGY, INC.
Filing Date: 2025-10-28
Form: 10-Q
Item: Part I, Item 2
Chunk 221
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 Consolidated Financial Statements in Part I, Item 1 of this Form 10-Q.

On May 9, 2025, we entered into the 2025 Revolving Credit Facility, which replaced our existing revolving credit facility.  The maximum amount available to draw under the 2025 Revolving Credit Facility is $1.0 billion.  The 2025 Revolving Credit Facility includes an uncommitted optional accordion of up to $200.0 million, which may be incurred in the form of revolving commitment increases or term loans.  On June 27, 2025, we amended the 2025 Revolving Credit Facility agreement and created the $500.0 million Term A Loans, which are secured and guaranteed on a pari passu basis to the existing agreement.  In July 2025, a portion of the proceeds were used to redeem $125.0 million of the 2027 Notes and repay the remaining $98.0 million of the AATS Loans.  The 2025 Revolving Credit Facility and Term A Loans will mature on May 9, 2030.  As of September 30, 2025, we had availability of $1,000.0 million under the 2025 Revolving Credit Facility.  As of September 30, 2025, our foreign subsidiaries also had $60.4 million available to be borrowed under term loan credit facilities.

In September 2025, we issued $500.0 million of the 2033 Notes.  Additionally, in October 2025, we redeemed the outstanding $400.0 million aggregate principal amount of our 2027 Notes.  The redemption was funded from our issuance of the 2033 Notes.

As of September 30, 2025, we had debt of $1,811.9 million, with $547.4 million payable within 12 months.  As of September 30, 2025, the interest payment obligations, based on stated coupon rates for fixed rate debt and interest rates applicable at September 30, 2025 for variable rate debt, were $378.0 million during the remaining term of the debt.  Interest payment obligations payable within 12 months were $53.3 million.  We were in compliance with all debt covenants as of September 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