---
schema_version: "secwatch.filing_event.v1"
accession: "0001375365-24-000014"
form_type: "8-K"
ticker: "SMCI"
cik: "0001375365"
company_name: "Super Micro Computer, Inc."
filed_at: "2024-02-20T23:59:59+00:00"
generated_at: "2026-06-05T22:53:04.258033+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# Super Micro Taiwan subsidiary ups CTBC credit lines to $185M from $105M

## Summary
- Aggregate borrowings cap increased to $185.0 million from $105.0 million under omnibus credit lines.
- New credit lines include NTD 1.25B short-term loan/guarantee line, $40M USD short-term loan, $105M export/$50M import lines.
- An incremental import line of $80M is available through August 31, 2024, subject to quarterly review.
- Subsidiary had no borrowings under the new lines as of January 31, 2024; proceeds to finance receivables/payables.
- Financial covenants include current ratio and debt service coverage; parent must maintain 100% ownership of subsidiary.

## SEC filing metadata
- accession: 0001375365-24-000014
- form_type: 8-K
- ticker: SMCI
- cik: 0001375365
- company_name: Super Micro Computer, Inc.
- filed_at: 2024-02-20T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1375365/000137536524000014/0001375365-24-000014-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1375365/000137536524000014/smci-20240216.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001375365-24-000014
- JSON: https://secwatch.observer/filing/0001375365-24-000014.json
- Plain text: https://secwatch.observer/filing/0001375365-24-000014.txt

## Key facts
- Debt Financings
  Super Micro Computer, Inc. incurred credit facility of aggregate total borrowings of up to $185.0 million with CTBC Bank Co., Ltd..
  - Instrument: credit facility
  - Principal: aggregate total borrowings of up to $185.0 million
  - Counterparty: CTBC Bank Co., Ltd.
  - Event: incurrence
  source text: On February 16, 2024 (the “Effective Date”), the Subsidiary entered into a new general agreement for omnibus credit lines with CTBC Bank, which increased the aggregate total borrowings from time to time under the various individual credit arrangements with CTBC Bank from $105.0 million to $185.0 million.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1375365/000137536524000014/0001375365-24-000014-index.htm
- Material Agreements
  Super Micro Computer, Inc. entered into general agreement for omnibus credit lines with CTBC Bank Co., Ltd. valued at up to $185.0 million (effective 2024-02-16).
  - Action: entry
  - Agreement: credit facility
  - Counterparty: CTBC Bank Co., Ltd.
  - Value: up to $185.0 million
  - Effective: 2024-02-16
  source text: On February 16, 2024 (the “Effective Date”), the Subsidiary entered into a new general agreement for omnibus credit lines with CTBC Bank, which increased the aggregate total borrowings from time to time under the various individual credit arrangements with CTBC Bank from $105.0 million to $185.0 million.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1375365/000137536524000014/0001375365-24-000014-index.htm

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