---
schema_version: "secwatch.filing_event.v1"
accession: "0001375365-23-000019"
form_type: "8-K"
ticker: "SMCI"
cik: "0001375365"
company_name: "Super Micro Computer, Inc."
filed_at: "2023-02-10T23:59:59+00:00"
generated_at: "2026-06-19T17:45:36.340663+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Super Micro subsidiary expands HSBC credit facility from $30M to $50M

## Summary
- New Facility Letter dated Feb 7, 2023, with HSBC Bank (Taiwan) increases aggregate borrowing limit to $50 million.
- Includes NTD revolving sub-limit of NTD300 million and export/seller sub-facility of $50 million.
- Interest at Bank's base rate plus fixed margin, monthly payments, principal due on maturity.
- Facility is unsecured but subject to Bank's right of set-off and demand repayment.
- Replaces prior $30 million Facility Letter from January 2022.

## SEC filing metadata
- accession: 0001375365-23-000019
- form_type: 8-K
- ticker: SMCI
- cik: 0001375365
- company_name: Super Micro Computer, Inc.
- filed_at: 2023-02-10T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1375365/000137536523000019/0001375365-23-000019-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1375365/000137536523000019/smci-20230207.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001375365-23-000019
- JSON: https://secwatch.observer/filing/0001375365-23-000019.json
- Plain text: https://secwatch.observer/filing/0001375365-23-000019.txt

## Key facts
- Debt Financings
  Super Micro Computer, Inc. incurred credit facility of up to a combined aggregate limit of $50 million with the Taiwan affiliate of HSBC Bank at the Bank's base rate plus a fixed margin.
  - Instrument: credit facility
  - Principal: up to a combined aggregate limit of $50 million
  - Counterparty: the Taiwan affiliate of HSBC Bank
  - Rate: the Bank's base rate plus a fixed margin
  - Event: incurrence
  source text: On February 7, 2023, Super Micro Computer Inc., Taiwan (the “Subsidiary”), a Taiwan corporation and wholly-owned subsidiary of Super Micro Computer, Inc. (the “Company”), entered into a new Facility Letter (the “New Facility Letter”) with the Taiwan affiliate of HSBC Bank (the “Bank”) which expanded the prior $30 million Facility Letter entered into with Bank on January 7, 2022. The New Facility Letter permits borrowings up to a combined aggregate limit of $50 million which may be comprised of borrowings under a New Taiwan Dollar revolving facility with a sub-limit of NTD300 million (the “NTD Revolver”) and an export/seller facility with a sub-limit of $50 million (the “Export/Seller Facility”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1375365/000137536523000019/0001375365-23-000019-index.htm
- Material Agreements
  Super Micro Computer, Inc. entered into New Facility Letter with Taiwan affiliate of HSBC Bank valued at $50 million (effective 2023-02-07).
  - Action: entry
  - Agreement: credit facility
  - Counterparty: Taiwan affiliate of HSBC Bank
  - Value: $50 million
  - Effective: 2023-02-07
  source text: Entry into a Material Definitive Agreement New Facility Letter with HSBC Bank On February 7, 2023, Super Micro Computer Inc., Taiwan (the “Subsidiary”), a Taiwan corporation and wholly-owned subsidiary of Super Micro Computer, Inc.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1375365/000137536523000019/0001375365-23-000019-index.htm

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