secwatch.observer — SEC 8-K summary
======================================

Issuer:     AMKOR TECHNOLOGY, INC. (AMKR)
CIK:        0001047127
Form:       8-K
Filed at:   2022-03-29T23:59:59+00:00
Accession:  0001193125-22-088294
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 1.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Amkor enters $600M secured revolving credit facility, replacing prior facility
------------------------------------------------------------------------------

- New $600M revolver via Amkor Technology Singapore; availability = $250M base + 37.5% of consolidated AR.
- Matures March 28, 2027; interest = SOFR + 1.75% + 11-33 bps.
- Financial covenants: debt service coverage >2.00x and leverage <3.00x (trailing 12 months).
- Proceeds for general corporate purposes; replaces 2018 $250M facility.
- Guaranteed by Amkor and Taiwan subsidiaries; mandatory prepayment triggers include change of control.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1047127/000119312522088294/0001193125-22-088294-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1047127/000119312522088294/d315757d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-088294

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer