Following is a summary of short-term borrowings and long-term debt:



	December 31,
	2013			2012
	(In thousands)
Debt of Amkor Technology, Inc.:
Senior secured credit facilities:
$150 million revolving credit facility, LIBOR plus 1.5%-2.25%, due June 2017	$	—		$	—
Senior notes:
7.375% Senior notes, due May 2018	345,000			345,000
6.625% Senior notes, due June 2021, $75 million related party	400,000			400,000
6.375% Senior notes, due October 2022 (1)	525,000			300,000
Senior subordinated notes:
6.0% Convertible senior subordinated notes (2)	56,350			250,000
Debt of subsidiaries:
Amkor Technology Korea, Inc.:
$41 million revolving credit facility, foreign currency funding-linked base rate plus 2.00%, due June 2016 (3)	—			—
Term loan, foreign currency funding-linked base rate plus 2.30%, due March 2015 (4)	80,000			100,000
Term loan, LIBOR plus 3.70%, due June 2016 (5)	70,000			—
Term loan, LIBOR plus 3.90% or 3.94%, due July 2017 (6)	90,000			137,000
Term loan, foreign currency funding-linked base rate plus 1.75%, due September 2017 (7)	10,000			—
Term loan, LIBOR plus 3.70%, due December 2019 (8)	70,000			13,000
Other:
Revolving credit facility, TAIFX plus a bank-determined spread, due April 2015 (Taiwan) (9)	—			—
	1,646,350			1,545,000
Add: Unamortized premium (1)	6,390			—
Less: Short-term borrowings and current portion of long-term debt	(61,350		)	—
Long-term debt (including related party)	$	1,591,390		$	1,545,000

(1)

In September 2012, we issued $300.0 million of 6.375% Senior Notes due October 2022 (the “2022 Notes”). The 2022 Notes were issued at par and are senior unsecured obligations. Interest is payable semi-annually on April 1 and October 1 of each year, and commenced April 1, 2013. In May 2013, we issued an additional $225.0 million of 6.375% Senior Notes due October 2022 (the “Additional 2022 Notes”) under the same terms as the 2022 Notes. The Additional 2022 Notes were issued at a premium of 103% or $6.8 million. The net proceeds from the issuance of the Additional 2022 Notes were designated for general corporate purposes. We incurred $3.4 million of debt issuance costs associated with the Additional 2022 Notes.

(2)

In April 2009, we issued $250 million of our 6.0% Convertible Senior Subordinated Notes due April 2014 (the “2014 Notes”). The 2014 Notes are convertible at any time prior to the maturity date into our common stock at a price of approximately $3.02 per share, subject to adjustment. The 2014 Notes are subordinated to the prior payment in full of all of our senior debt. The 2014 Notes were purchased by certain qualified institutional buyers and an entity controlled by Mr. James J. Kim, our Executive Chairman of the Board of Directors. Mr. Kim's affiliate purchased $150.0 million of the 2014 Notes. In June 2013, we completed a tender offer for the 2014 Notes and exchanged $193.7 million of the 2014 Notes, including the $150.0 million held by Mr. Kim's affiliate, for an aggregate 64.0 million shares of our common stock and a cash payment of $11.6 million. The cash payment was equivalent to the remaining coupons for the tendered notes and was recorded as a charge in our Consolidated Statements of Income for the year ended December 31, 2013.

(3)

In June 2012, we entered into a $41.0 million revolving credit facility with a Korean Bank with a term of 12 months. Principal is payable upon maturity and interest is paid monthly. The loan is collateralized with substantially all the land, factories and equipment at our facilities in Korea. In June 2013, the facility was amended by extending the term by three years to June 2016. As of December 31, 2013, $41.0 million was available to be borrowed for general working capital purposes.


(4)	In March 2012, we entered into a loan agreement with a Korean bank pursuant to which we may borrow up to $100.0 million through March 2015. The loan is collateralized by substantially all the land, factories and equipment located at our facilities in Korea. Principal is payable at maturity, however an early repayment of $20.0 million was made in November 2013.

(5)

In April 2013, we entered into a loan agreement with a Korean bank pursuant to which we may borrow up to $150.0 million through April 2016. The loan is collateralized by substantially all the land, factories and equipment located at our facilities in Korea. Principal is payable at maturity. In December 2013, the loan agreement was amended which adjusted the base interest rate from 3.80% to 3.70%. As of December 31, 2013, $80.0 million was available to be borrowed for general working capital purposes and the repayment of inter-company debt.

(6)

In June 2012, we entered into a $150.0 million secured term loan for five years with a Korean bank which is collateralized by substantially all the land, factories and equipment located at our facilities in Korea. The $150.0 million consists of two components, $50.0 million of the proceeds ("Tranche A") which was used to fully repay our term loan due July 2014 and $100.0 million ("Tranche B") to fund capital expenditures. The term loan was fully drawn in January 2013. Principal is payable upon maturity; however, an early repayment of $60.0 million was made in December 2013.

(7)

In March 2013, we entered into a loan agreement with a Korean bank pursuant to which we may borrow up to $150.0 million through September 2017. The loan is collateralized by substantially all the land, factories and equipment located at our facilities in Korea. Principal is payable in quarterly installments of $5.0 million starting in December 2014, with the remaining balance due at maturity. As of December 31, 2013, $140.0 million was available to be borrowed for capital expenditures.

(8)

In November 2012, we entered into a loan agreement with a Korean bank pursuant to which we may borrow up to $100.0 million through March 2014. In November 2013, the loan agreement was amended which extended the borrowing period from November 2013 to March 2014. The loan is collateralized by substantially all the land, factories and equipment located at our facilities in Korea. Principal is payable upon maturity. As of December 31, 2013, $30.0 million was available to be borrowed for capital expenditures.

(9)

In September 2012, Amkor Technology Taiwan Ltd, a subsidiary in Taiwan, entered into a revolving credit facility. Availability under the revolving credit facility was originally $44.0 million and subsequent availability steps down $5.0 million every six months from the original available balance. Principal is payable at maturity. As of December 31, 2013, $29.0 million was available to be drawn for general corporate purposes and capital expenditures.