secwatch.observer — SEC 8-K summary
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Issuer:     Super Micro Computer, Inc. (SMCI)
CIK:        0001375365
Form:       8-K
Filed at:   2023-02-10T23:59:59+00:00
Accession:  0001375365-23-000019
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1375365/000137536523000019/0001375365-23-000019-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1375365/000137536523000019/smci-20230207.htm
  HTML page:      https://secwatch.observer/filing/0001375365-23-000019

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