---
schema_version: "secwatch.filing_event.v1"
accession: "0001375365-25-000022"
form_type: "8-K"
ticker: "SMCI"
cik: "0001375365"
company_name: "Super Micro Computer, Inc."
filed_at: "2025-07-21T23:59:59+00:00"
generated_at: "2026-05-18T04:58:27.506549+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Super Micro enters $1.79B receivables purchase facility with MUFG, Crédit Agricole

## Summary
- Uncommitted facility allows sale of accounts receivable up to $1,790,000,000.
- Discount rate: Term SOFR plus 1.15%–2.80% based on account debtor.
- Purchasers include MUFG Bank and Crédit Agricole Corporate and Investment Bank.
- Structured as a true sale; provides liquidity without commitment fees.
- Either party can terminate with 30 days' notice; immediate termination on event of default.

## SEC filing metadata
- accession: 0001375365-25-000022
- form_type: 8-K
- ticker: SMCI
- cik: 0001375365
- company_name: Super Micro Computer, Inc.
- filed_at: 2025-07-21T23:59:59+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/1375365/000137536525000022/0001375365-25-000022-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1375365/000137536525000022/smci-20250716.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001375365-25-000022
- JSON: https://secwatch.observer/filing/0001375365-25-000022.json
- Plain text: https://secwatch.observer/filing/0001375365-25-000022.txt

## Key facts
- Debt Financings
  Super Micro Computer, Inc. incurred credit facility of $1,790,000,000 with MUFG Bank, Ltd., Crédit Agricole Corporate and Investment Bank, and certain other entities at Term SOFR plus 1.15% - 2.80% maturing terminable upon 30 days' notice or immediately upon a Termination Event.
  - Instrument: credit facility
  - Principal: $1,790,000,000
  - Counterparty: MUFG Bank, Ltd., Crédit Agricole Corporate and Investment Bank, and certain other entities
  - Rate: Term SOFR plus 1.15% - 2.80%
  - Maturity: terminable upon 30 days' notice or immediately upon a Termination Event
  - Event: incurrence
  source text: Pursuant to the Receivables Purchase Agreement, the Company may, subject to the terms and conditions set out therein, sell certain of its accounts receivable and related rights to the Purchasers (the “ Purchased Receivables ”). The Receivables Purchase Agreement provides for an uncommitted facility with an initial aggregate facility limit of $1,790,000,000.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1375365/000137536525000022/0001375365-25-000022-index.htm

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