Business Context and Reporting Period
Company: Diodes Incorporated
Filing Type: Form 8-K (Current Report)
Date of Report: November 24, 2010
Event Date: November 24, 2010
Diodes Incorporated and its subsidiary, Diodes Zetex Limited, entered into a Second Amendment to their Credit Agreement with Bank of America, N.A.
Key Financial Metrics
This filing does not report revenue, profit, cash flow, margins, or liquidity metrics. The document focuses exclusively on a modification to an existing credit facility.
| Metric | Value |
|---|---|
| Credit Agreement Maturity Date (New) | November 23, 2011 |
| Credit Agreement Maturity Date (Original) | November 25, 2009 (as modified previously) |
| Lender | Bank of America, N.A. |
Material Changes
- Extension of Maturity: The maturity date of the Original Credit Agreement (dated November 25, 2009, and previously amended) was extended to November 23, 2011.
- Terms: All other terms of the Original Credit Agreement remain unchanged.
Guidance, Outlook, and Risks
The filing contains no management commentary, financial guidance, or outlook. No specific risks or contingencies were disclosed beyond the standard reporting of the credit agreement amendment.
Investor Verification Checklist
- Verify the full text of the Second Amendment to Credit Agreement (Exhibit 10.1) for any covenants or conditions not explicitly summarized in the 8-K.
- Confirm the impact of the maturity extension on the company's debt maturity profile and liquidity planning.
- Review prior amendments (March 31, 2010, and July 16, 2010) to understand the full history of the credit facility terms.