Singapore's Stats ChipPAC calls remaining 6¾% notes due 2011 at par

By Jennifer Chiou

New York, Oct. 14 - Stats ChipPAC Ltd. announced a notice of redemption for all of its 6¾% senior notes due 2011.

The company will redeem the notes at par plus accrued interest to the Nov. 15 redemption date.

In an August tender offer, holders tendered $164.87 million, or 77.4%, of the notes.

U.S. Bank NA is the paying agent.

Singapore-based Stats ChipPAC provides semiconductor packaging design, assembly, test and distribution services.

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