---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-21-151696"
form_type: "8-K"
ticker: "VECO"
cik: "0000103145"
company_name: "VEECO INSTRUMENTS INC"
filed_at: "2021-12-20T23:59:59+00:00"
generated_at: "2026-06-27T23:33:03.924128+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Veeco enters $150M senior secured revolving credit facility with HSBC-led syndicate

## Summary
- $150M senior secured revolving credit facility; $15M sublimit for letters of credit.
- Facility matures December 16, 2026; can be increased up to $225M with lender consent.
- Interest: Base + 0.50%-1.25% or SOFR + 1.50%-2.25%, based on Secured Net Leverage Ratio.
- Financial covenants: Interest Coverage >=3.00x, Total Net Leverage <=4.50x, Secured Net Leverage <=2.50x.
- Proceeds for working capital, fees, general corporate purposes; secured by substantially all assets.

## SEC filing metadata
- accession: 0001104659-21-151696
- form_type: 8-K
- ticker: VECO
- cik: 0000103145
- company_name: VEECO INSTRUMENTS INC
- filed_at: 2021-12-20T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/103145/000110465921151696/0001104659-21-151696-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/103145/000110465921151696/tm2135782d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-21-151696
- JSON: https://secwatch.observer/filing/0001104659-21-151696.json
- Plain text: https://secwatch.observer/filing/0001104659-21-151696.txt

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