---
schema_version: "secwatch.filing_event.v1"
accession: "0001375365-23-000038"
form_type: "8-K"
ticker: "SMCI"
cik: "0001375365"
company_name: "Super Micro Computer, Inc."
filed_at: "2023-10-02T23:59:59+00:00"
generated_at: "2026-06-10T06:19:26.983439+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Super Micro enters new $105M credit facility with CTBC Bank, replaces prior lines

## Summary
- New omnibus credit lines cap aggregate borrowings at $105M; replaces Prior CTBC Credit Lines.
- Outstanding borrowings of $40.1M under Long and Medium Loan Facility at 1.2%-1.4% interest.
- Facilities include NTD Short Term Loan/Guarantee Line (NTD1.25B), USD Short Term Loan ($40M), and Export/Import Line ($105M/$50M).
- Financial covenants include current ratio, debt service coverage, and financial debt ratio; non-compliance may reduce cap to $70M.
- Proceeds to finance accounts receivable/payable and improvements to Bade Manufacturing Facility in Taiwan.

## SEC filing metadata
- accession: 0001375365-23-000038
- form_type: 8-K
- ticker: SMCI
- cik: 0001375365
- company_name: Super Micro Computer, Inc.
- filed_at: 2023-10-02T23:59:59+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/1375365/000137536523000038/0001375365-23-000038-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1375365/000137536523000038/smci-20230928.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001375365-23-000038
- JSON: https://secwatch.observer/filing/0001375365-23-000038.json
- Plain text: https://secwatch.observer/filing/0001375365-23-000038.txt

## Key facts
- Debt Financings
  Super Micro Computer, Inc. incurred credit facility of up to $105.0 million with CTBC Bank Co., Ltd. maturing one year.
  - Instrument: credit facility
  - Principal: up to $105.0 million
  - Counterparty: CTBC Bank Co., Ltd.
  - Maturity: one year
  - Event: incurrence
  source text: On September 28, 2023 (the “Effective Date”), the Subsidiary entered into a new general agreement for omnibus credit lines with CTBC Bank, which replaces the Prior CTBC Credit Lines in their entirety and permits for borrowings, from time to time, thereunder pursuant to various individual credit arrangements under such general agreement that included the previous issued long and medium term loan facility of NTD 1,550.0 million in 2021 and 2020 (the “Long and Medium Loan Facility” ), and each of (i) a short-term loan and guarantee line providing credit of up to NTD1,250.0 million and NTD100.0 million, respectively (the “NTD Short Term Loan/Guarantee Line”), (ii) a short-term loan providing a line of credit of up to $40.0 million (the “USD Short Term Loan Line”), and (iii) an export/import o/a loan line providing a line of credit of up to $105.0 million for exports and $50.0 million for imports (the “Export/Import Line,” and, together with the NTD Short Term Loan/Guarantee Line and the US
  evidence_url: https://www.sec.gov/Archives/edgar/data/1375365/000137536523000038/0001375365-23-000038-index.htm
- Material Agreements
  Super Micro Computer, Inc. entered into new general agreement for omnibus credit lines with CTBC Bank Co., Ltd. valued at up to $105.0 million (effective 2023-09-28).
  - Action: entry
  - Agreement: credit facility
  - Counterparty: CTBC Bank Co., Ltd.
  - Value: up to $105.0 million
  - Effective: 2023-09-28
  source text: On September 28, 2023 (the “Effective Date”), the Subsidiary entered into a new general agreement for omnibus credit lines with CTBC Bank, which replaces the Prior CTBC Credit Lines in their entirety
  evidence_url: https://www.sec.gov/Archives/edgar/data/1375365/000137536523000038/0001375365-23-000038-index.htm

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