secwatch.observer — SEC 8-K summary
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Issuer:     Super Micro Computer, Inc. (SMCI)
CIK:        0001375365
Form:       8-K
Filed at:   2026-01-02T23:59:59+00:00
Accession:  0001375365-26-000001
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Super Micro enters $2B revolving credit facility maturing Dec 2030
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- Initial $2.0B revolving credit facility with JPMorgan Chase as administrative agent; option to increase by up to $1.0B.
- Facility includes $200M letter-of-credit sublimit and $150M same-day borrowing sublimit.
- Proceeds for working capital and general corporate purposes; maturity December 29, 2030.
- Pricing based on leverage ratio (Non-IG: 1.25%-2.00% spread) or credit rating (IG: 1.125%-1.375%); commitment fee 0.12%-0.30%.
- Leverage covenant starts at 4.00x then steps down to 3.00x; collateral/guarantees required during non-investment-grade periods.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1375365/000137536526000001/0001375365-26-000001-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1375365/000137536526000001/smci-20251229.htm
  HTML page:      https://secwatch.observer/filing/0001375365-26-000001

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer