secwatch.observer — SEC 8-K summary
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Issuer:     BENCHMARK ELECTRONICS INC (BHE)
CIK:        0000863436
Form:       8-K
Filed at:   2025-06-30T23:59:59+00:00
Accession:  0000950170-25-091542
Event type: debt
Sentiment:  neutral
Materiality: 0.45
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/863436/000095017025091542/0000950170-25-091542-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/863436/000095017025091542/bhe-20250627.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-091542

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