Business Context and Reporting Period
This Form 8-K Current Report was filed by MagnaChip Semiconductor LLC on June 17, 2008. The filing discloses the entry into a material definitive agreement regarding the company's credit facilities.
Key Financial Metrics
The filing text does not provide specific values for revenue, profit, cash flow, margins, debt balances, or liquidity ratios. The report focuses exclusively on a contractual amendment to an existing credit agreement.
Material Changes
On June 17, 2008, the Company entered into the Tenth Amendment to its Credit Agreement. The primary change involves the replacement of the term "CVC Management LLC" with "Court Square Advisor, LLC (successor in interest to CVC Management LLC)." The amendment involves MagnaChip Semiconductor S.A. and MagnaChip Semiconductor Finance Company as borrowers, with UBS AG, Stamford Branch, serving as the administrative and collateral agent.
Guidance, Outlook, and Risks
The filing contains no management commentary, financial guidance, or outlook for future periods. No specific risks or contingencies are detailed beyond the standard reference to the attached amendment text. There are no unusual items reported in this document.
Investor Verification Checklist
- Verify the full text of the Tenth Amendment to the Credit Agreement (Exhibit 10.3.k) to understand any other terms modified alongside the advisor name change.
- Confirm the status of the successor relationship between Court Square Advisor, LLC and CVC Management LLC.
- Review subsequent filings for any financial impact resulting from this amendment.