Benchmark Electronics signs $700 million credit agreement maturing June 27, 2030
Benchmark Electronics entered a $700 million second amended and restated credit agreement dated June 27, 2025, replacing its existing $681.25 million facility. The package includes a $550 million five-year revolver and a $150 million five-year term loan, both maturing June 27, 2030, with a $175 million accordion feature for future expansion.
Key points
- Facility totals $700 million: $550 million revolving credit and $150 million term loan, both maturing June 27, 2030
- Replaces the existing $681.25 million credit agreement dated December 21, 2021, as amended in 2022 and 2023
- Term loan amortizes 0.625% quarterly from September 30, 2025, rising to 1.25% after June 30, 2028; loans are secured by company and guarantor assets
- Interest rate is Term SOFR plus an applicable rate of approximately 1.00% to 2.125% per annum; accordion allows up to $175 million more
The filing
Written by AI on Nov 8, 2026, 6:56 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on June 30, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.