---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-25-091542"
form_type: "8-K"
ticker: "BHE"
cik: "0000863436"
company_name: "BENCHMARK ELECTRONICS INC"
filed_at: "2025-06-30T23:59:59+00:00"
generated_at: "2026-05-18T15:12:47.820851+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# Benchmark Electronics enters $700M credit facility; upsizes and extends to 2030

## Summary
- New $700M credit agreement: $550M revolver and $150M term loan, both maturing June 27, 2030.
- Replaces prior $681.25M facility; accordion feature permits additional $175M in commitments.
- Term loan amortizes quarterly: 0.625% of initial balance through June 2028, then 1.25%.
- Interest at Term SOFR + 1.00%–2.125% per annum (or base rate at company's option).
- Secured by domestic subsidiary equity and personal property; proceeds for general corporate purposes.

## SEC filing metadata
- accession: 0000950170-25-091542
- form_type: 8-K
- ticker: BHE
- cik: 0000863436
- company_name: BENCHMARK ELECTRONICS INC
- filed_at: 2025-06-30T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/863436/000095017025091542/0000950170-25-091542-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/863436/000095017025091542/bhe-20250627.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-091542
- JSON: https://secwatch.observer/filing/0000950170-25-091542.json
- Plain text: https://secwatch.observer/filing/0000950170-25-091542.txt

## Key facts
- Debt Financings
  BENCHMARK ELECTRONICS INC incurred credit facility of $700 million with Bank of America, N.A., as Administrative Agent, Swingline Lender and an L/C Issuer at Term SOFR plus the Applicable Rate (approximately 1.00% to 2.125% per annum) maturing June 27, 2030.
  - Instrument: credit facility
  - Principal: $700 million
  - Counterparty: Bank of America, N.A., as Administrative Agent, Swingline Lender and an L/C Issuer
  - Rate: Term SOFR plus the Applicable Rate (approximately 1.00% to 2.125% per annum)
  - Maturity: June 27, 2030
  - Event: incurrence
  source text: On June 27, 2025, Benchmark Electronics, Inc. (the “Company”) entered into a $700 million second amended and restated credit agreement (the “Second Amended and Restated Credit Agreement”) 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 an L/C Issuer (“Bank of America”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/863436/000095017025091542/0000950170-25-091542-index.htm

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