---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-018206"
form_type: "8-K"
ticker: "COHU"
cik: "0000021535"
company_name: "COHU INC"
filed_at: "2023-06-23T23:59:59+00:00"
generated_at: "2026-06-13T18:30:52.251809+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Cohu amends credit agreement to replace LIBOR with Term SOFR as interest rate benchmark

## Summary
- Amendment replaces LIBOR with Term SOFR plus a spread adjustment for all purposes under the $350M credit facility.
- Effective June 16, 2023; existing Eurodollar loans convert to SOFR loans by June 30, 2023.
- No change to total commitment amount, covenants, or maturity; purely a benchmark transition.
- Borrower paid customary fees and expenses; Required Lenders did not object within 5 business days.

## SEC filing metadata
- accession: 0001437749-23-018206
- form_type: 8-K
- ticker: COHU
- cik: 0000021535
- company_name: COHU INC
- filed_at: 2023-06-23T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/21535/000143774923018206/0001437749-23-018206-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/21535/000143774923018206/cohu20230622_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-018206
- JSON: https://secwatch.observer/filing/0001437749-23-018206.json
- Plain text: https://secwatch.observer/filing/0001437749-23-018206.txt

## Key facts
- Material Agreements
  COHU INC amended First Amendment to Credit and Guaranty Agreement with Deutsche Bank AG New York Branch (effective 2023-06-16).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: Deutsche Bank AG New York Branch
  - Effective: 2023-06-16
  source text: On June 16, 2023, Cohu, Inc. (the “Company”) entered into the First Amendment to Credit and Guaranty Agreement (the “Amendment”), which amended the Company’s Credit and Guaranty Agreement, dated as of October 1, 2018, with Deutsche Bank AG New York Branch, as administrative agent, and the lenders named therein.
  evidence_url: https://www.sec.gov/Archives/edgar/data/21535/000143774923018206/0001437749-23-018206-index.htm

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