Super Micro (SMCI) Secures $1.79B Receivables Facility to Enhance Liquidity
An engineer in front of a computer screen, reviewing a project-based outsourcing proposal.
The uncommitted facility allows Super Micro to sell eligible accounts receivable at discounted rates based on Term SOFR plus 1.15%–2.80%, depending on the debtor. If not treated as a sale, the company grants a security interest in the receivables. The agreement can be terminated with 30 days' notice or immediately in case of a termination event.
Super Micro Computer, Inc. (NASDAQ:SMCI) develops advanced server and storage systems optimized for global applications in data centers, artificial intelligence, cloud platforms, and edge computing environments.
While we acknowledge the potential of SMCI as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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Disclosure: None. This article is originally published at Insider Monkey.
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