AMKR AMKOR TECHNOLOGY, INC.
Price Chart
Executive Summary
Amkor Technology issued $1.15 billion aggregate principal amount of 0.00% Convertible Senior Notes due 2031, including $150 million from the full exercise of the initial purchasers' option. The notes are guaranteed by subsidiaries that also guarantee the company's 5.875% senior notes due 2033. Concurrently, Amkor entered into capped call transactions costing approximately $56.4 million to reduce potential dilution or offset cash payments upon conversion, with an initial cap price of $139.50 per share. The conversion price is initially $106.37 per share, representing a premium over the stock price at pricing.
Key Financial Metrics
Actionable Insight
Monitor the company's use of proceeds and any subsequent announcements regarding capital allocation. The convertible structure introduces potential dilution if shares trade above $106.37, though capped calls limit the effective dilution up to $139.50. The zero-coupon nature reduces immediate cash interest burden.
Key Facts
- Issued $1.15 billion of 0.00% Convertible Senior Notes due 2031
- Initial conversion rate of 9.4013 shares per $1,000 principal, conversion price ~$106.37
- Maximum potential dilution of 16,487,435 shares at adjusted conversion rate of 14.3369
- Capped call transactions cost ~$56.4 million, cap price initially $139.50
- Notes are senior unsecured obligations, guaranteed by certain subsidiaries
- No regular interest; special/additional interest may accrue up to 0.50% under certain conditions
- Notes redeemable by company on or after May 15, 2029, subject to stock price conditions
- Noteholders can require repurchase upon a Fundamental Change at 100% principal plus accrued interest
Financial Impact
$1.15 billion convertible note issuance with zero coupon, plus $56.4 million cost for capped call hedges
Risk Factors
- Potential dilution from conversion of notes if stock price appreciates above conversion price
- Increased leverage with $1.15B in new debt
- Capped call transactions may not fully offset dilution if stock price exceeds cap price
Market Snapshot
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001047127-26-000029 |
| Document: amkrmay2026ex101convertibl.htm | 0001047127-26-000029 |
| Document: amkr-20260430.htm | 0001047127-26-000029 |
| Document: 0001047127-26-000029-index-headers.html | 0001047127-26-000029 |
| Document: 0001047127-26-000029-index.html | 0001047127-26-000029 |
| Document: 0001047127-26-000029.txt | 0001047127-26-000029 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
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May 21, 2026
19d ago
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8-K
| $65.90 $70.58 | ▲ +7.10% | ▲ +5.50% | $68.29 (+3.63%) |
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May 13, 2026
27d ago
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Insider Cluster
| $72.09 $65.90 | ▼ −8.59% | ▼ −7.87% | $68.29 (−5.27%) |
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May 13, 2026
27d ago
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Insider Cluster
| $72.09 $65.90 | ▼ −8.59% | ▼ −7.87% | $68.29 (−5.27%) |
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May 5, 2026
5w ago
|
144
| $77.22 $73.45 | ▼ −4.88% | ▼ −6.01% | $68.29 (−11.56%) |
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May 5, 2026
5w ago
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8-K
| $77.22 $73.45 | ▼ −4.88% | ▼ −6.01% | $68.29 (−11.56%) |
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May 5, 2026
5w ago
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Insider Cluster
| $76.71 $73.45 | ▼ −4.25% | ▼ −6.23% | $68.29 (−10.98%) |
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May 5, 2026
5w ago
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Insider Cluster
| $76.71 $73.45 | ▼ −4.25% | ▼ −6.23% | $68.29 (−10.98%) |
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May 5, 2026
5w ago
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Insider Cluster
| $76.71 $76.69 | ▼ −0.03% | ▼ −2.01% | $68.29 (−10.98%) |
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May 5, 2026
5w ago
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Insider Cluster
| $76.61 $72.09 | ▼ −5.90% | ▼ −7.36% | $68.29 (−10.86%) |
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May 1, 2026
5w ago
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8-K
| $71.09 $72.27 | ▲ +1.66% | ▼ −0.69% | $68.29 (−3.94%) |
US Market Status
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