Summary of Credit Facilities Agreement between CTBC Bank Co., Ltd. and Super Micro Computer, Inc. Taiwan

Contract Categories: Business Finance › Credit Agreements
Summary

CTBC Bank Co., Ltd. has approved various credit facilities for Super Micro Computer, Inc. Taiwan, including short-term loans, guarantees, and export loans totaling up to TWD 2.3 billion and USD 50 million. The agreement outlines the types of loans, credit limits, interest rates, collateral requirements, and terms for drawdown and repayment. The facilities are available from August 24, 2020, to August 31, 2021, with the BaDe factory serving as collateral for certain loans. The agreement specifies that some loans are clean (unsecured) and others require trade documents for drawdown.

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EX-10.30 5 smci-ex103020200630x10k.htm EXHIBIT 10.30 Exhibit


EXHIBIT 10.30

PRIVATE & CONFIDENTIAL

24 August 2020

ATTENTION: SUPER MICRO COMPUTER, INC. TAIWAN

RE: The Summary of Credit Facilities

According to Super Micro's needs of bank facilities, CTBC BANK CO., LTD. has approved bank facilities and terms below:

Product Type
Credit Line Amount
Tenor
Interest Rate
Notes
Short Term Loan / Guarantee
TWD700M/
TWD100M
1 Year
I1(M)+0.25%/5% p.a.
1. Collateral: BaDe factory
2. Guarantee line is included in Short Term Loan.
Short Term Loan
TWD1,500M
1 Year
Bargaining Rate
1. Clean loan
2. Loan drawdown against TW local buyer's trade documents (P/Os or Invoices).
3. Drawdown Tenor: 180 Days
4. Up to 100% of invoice amount can be financed
Export O/A Loan
USD50M
1 Year
Bargaining Rate
1. Clean loan
2. Drawdown Tenor: 120 Days
3. O/A list is required upon drawdown.
4. Up to 100% of invoice amount can be financed.
5. O/A loan drawdown could be financed via TWD. (*
Total Cap
USD50M

Bargaining Rate:
•
I1+0.30%: repay by the end of each quarter (Mar31, Jun30, Sep30, Dec31)
•
I1+0.50%: Drawdown cross quarter
COF: CTBC BANK's cost of USD fund.
I1: CTBC BANK's cost of TWD fund.


Collateral: BaDe factory: Mortgaged amount TWD1,160M.



中國僖託商業銀行 (股）公 司 CTBC Bank Co., Ltd.
11568 臺北市南港區經貿二路 168 號 No.168, Jingmao 2nd Rd., Nangang Dist., Taipei City 11568, Taiwan, R.O.C
Tel: 886-2-3327-7777






Terms:

•
Facility availability: From 24 August 2020 to 31 August 2021


Yours Faithfully,
For and on behalf of
CTBC BANK CO., LTD.





































中國僖託商業銀行 (股）公 司 CTBC Bank Co., Ltd.
11568 臺北市南港區經貿二路 168 號 No.168, Jingmao 2nd Rd., Nangang Dist., Taipei City 11568, Taiwan, R.O.C
Tel: 886-2-3327-7777