secwatch.observer — SEC 8-K summary
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Issuer:     APPLIED OPTOELECTRONICS, INC. (AAOI)
CIK:        0001158114
Form:       8-K
Filed at:   2025-06-18T23:59:59+00:00
Accession:  0001683168-25-004603
Event type: debt
Sentiment:  neutral
Materiality: 0.40
Item codes: 1.01, 1.02, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Applied Optoelectronics subsidiary enters RMB 96.8M credit facility, repays existing loans
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- Global Technology entered 12-month RMB 96.8M credit facility with China Construction Bank on June 12, 2025.
- Borrowings used to repay RMB 96.8M working capital loans and RMB 22.7M acceptance bills under Shanghai Pudong Development Bank line.
- Interest rate set at bank's 12-month prime loan rate (currently 3%) minus 0.05%, effective ~2.95%.
- Credit facility is unsecured, matures June 16, 2026; monthly interest payments, principal at maturity.
- Old SPD credit line (up to RMB 170M) terminated upon repayment; no penalties incurred.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1158114/000168316825004603/0001683168-25-004603-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1158114/000168316825004603/aaoi_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-25-004603

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