---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-017288"
form_type: "8-K"
ticker: "BHE"
cik: "0000863436"
company_name: "BENCHMARK ELECTRONICS INC"
filed_at: "2023-05-03T23:59:59+00:00"
generated_at: "2026-06-16T02:07:10.977342+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Benchmark Electronics increases revolving credit facility from $450M to $550M

## Summary
- Amendment No. 3 to credit agreement ups revolver to $550M (from $450M); matures Dec 21, 2026.
- Interest rate: Term SOFR + 0.10% + Applicable Rate (~1.00%-2.00%) or base rate option; swingline loans excluded.
- Term loan facility of $131.25M unchanged; overall debt structure adjusted for increased flexibility.

## SEC filing metadata
- accession: 0000950170-23-017288
- form_type: 8-K
- ticker: BHE
- cik: 0000863436
- company_name: BENCHMARK ELECTRONICS INC
- filed_at: 2023-05-03T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/863436/000095017023017288/0000950170-23-017288-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/863436/000095017023017288/bhe-20230501.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-017288
- JSON: https://secwatch.observer/filing/0000950170-23-017288.json
- Plain text: https://secwatch.observer/filing/0000950170-23-017288.txt

## Key facts
- Debt Financings
  BENCHMARK ELECTRONICS INC amended revolving credit of $550 million with Bank of America, N.A. at Term Secured Overnight Financing Rate (SOFR) plus 0.10% plus the Applicable Rate maturing December 21, 2026.
  - Instrument: revolving credit
  - Principal: $550 million
  - Counterparty: Bank of America, N.A.
  - Rate: Term Secured Overnight Financing Rate (SOFR) plus 0.10% plus the Applicable Rate
  - Maturity: December 21, 2026
  - Event: amendment
  source text: Amendment No. 3 increased the Revolving Credit Facility commitments from $450 million to $550 million.
  evidence_url: https://www.sec.gov/Archives/edgar/data/863436/000095017023017288/0000950170-23-017288-index.htm
- Material Agreements
  BENCHMARK ELECTRONICS INC amended Amendment No. 3 with Bank of America, N.A. and the lenders party thereto valued at increased commitments from $450 million to $550 million (effective 2023-05-01).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: Bank of America, N.A. and the lenders party thereto
  - Value: increased commitments from $450 million to $550 million
  - Effective: 2023-05-01
  source text: On May 1, 2023, Benchmark Electronics, Inc. (the “Company”) entered into Amendment No. 3 (the "Amendment") to the amended and restated credit agreement (as amended, the "Credit Agreement") dated December 21, 2021 by and among the Company, certain of its subsidiaries (the “Guarantors”), the lenders party thereto and Bank of America, N.A., as Administrative Agent, Swingline Lender and a L/C Issuer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/863436/000095017023017288/0000950170-23-017288-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.