Proposed Line amount
EX-10.3 4 exhibit103fy16q3.htm SUMMARY OF CREDIT FACILITIES WITH CTBC BANK DATED APRIL 1, 2016 Exhibit
Exhibit 10.3
1 APR 2016
PRIVATE & CONFIDENTIAL
ATTENTION: SUPER MICRO COMPUTER TAIWAN, INC.
RE: The Summary of Credit Facilities
According to Super Micro's needs of debt finance, CTBC Bank Co ., Ltd. would like to propose the indicative bank facilities and terms below
Product Type | Proposed Line amount | Tenor | Proposed Rate | Notes |
Short term Loan I guarantee | NTD700MM (NTD100MM) | 1year | l1+0.25%/ 5‰ annually | 1. Collateral: Bade factory 2. NTD100MM guarantee line included |
OA loan | USD40MM | 1year | COF(1M)+0.30% | 1. Clean loan 2. each transaction's tenor ≤ 90 days 3. OA loan needs to provide list once drawdown 4. Be financed 80% of Invoice amount for each transaction |
Total Cap | USD40MM | |||
l l1: CTBC Bank's cost of NTD fund
l COF: CTBC Bank's cost of USD fund
Collateral : Bade factory
Terms:
l Shared revolving line of credit facility of USD40MM for SUPER MICRO COMPUTER TAIWAN, INC. and SUPER MICRO COMPUTER, B.V.
l Tenor: from 1st April 2016 to 31st March 2017
Yours faithfully,
For and on behalf of
CTBC BANK CO ., LTD.
中國信託商業銀行(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
1 APR 2016
PRIVATE & CONFIDENTIAL
ATTENTION: SUPER MICRO COMPUTER, B.V.
RE: The Summary of Credit Facilities
According to Super Micro's needs of debt finance, CTBC Bank Co., Ltd. would like to propose the indicative bank facilities and terms below
Product Type | Proposed Line amount | Tenor | Proposed Rate | Notes |
OA loan | USD40MM | 1year | COF(1M)+0 .30% | 1. Clean loan 2. Guarantor: SUPER MICRO COMPUTER TAIWAN , INC. 3. each transaction's tenor ≤ 90 days 4. OA loan needs to provide list once drawdown 5. Be financed 80% of Invoice amount for each transaction |
l COF: CTBC Bank's cost of USD fund
Guarantor:
l SUPER MICRO COMPUTER TAIWAN, INC.
Terms:
l Shared revolving line of credit facility of USD40MM for SUPER MICRO COMPUTER TAIWAN, INC. and SUPER MICRO COMPUTER, B.V.
l Tenor: from 1st April 2016 to 31st March 2017
Yours faithfully,
For and on behalf of
CTBC BANK CO ., LTD.
中國信託商業銀行(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
