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Published on 10/27/2003 in the Prospect News High Yield Daily.

Amkor Technology bought back 9¼% notes in third quarter

New York, Oct. 27 - Amkor Technology Inc. (B1/B) said it bought back $28 million of its 9¼% senior notes due 2008 in open market purchases during the third quarter.

The company said in its third-quarter earnings release that results for the quarter included a charge, with no tax effect, of $2 million, or once cent per share, for debt retirement costs in connection with the buyback of the notes.

Amkor, a Chandler Ariz.-based provider of contract semiconductor assembly and test services to semiconductor companies and electronics original equipment manufacturers, sold $500 million of the notes in February 2001.


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