secwatch.observer — SEC 8-K summary
======================================

Issuer:     SANMINA CORP (SANM)
CIK:        0000897723
Form:       8-K
Filed at:   2023-09-05T23:59:59+00:00
Accession:  0001104659-23-098337
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 1.02, 2.03
LLM model:  deepseek-v4-flash:cloud@v2

Sanmina enters $450M receivables purchase agreement with Truist; terminates MUFG facility
--------------------------------------------------------------------------------

- New $450M revolving receivables purchase agreement with Truist Bank, effective August 31, 2023.
- Company, as guarantor, and subsidiary sellers will sell receivables on a revolving basis; discount rate based on SOFR plus margin.
- MUFG Receivables Purchase Agreement terminated by Sanmina; effective September 22, 2023.
- No commitment for buyers to purchase; parties can terminate with 30/90 days' notice.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/897723/000110465923098337/0001104659-23-098337-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/897723/000110465923098337/tm2325425d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-098337

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer