NEOPHOTONICS CORPORATION (NYSE:NPTN) Files An 8-K Entry into a Material Definitive Agreement

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NEOPHOTONICS CORPORATION (NYSE:NPTN) Files An 8-K Entry into a Material Definitive Agreement
ITEM 1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT.

On June29, 2017, NeoPhotonics Corporation (the “Company”) entered into an Twelfth Amendment to Credit Agreement (the “Amendment”) to that certain Revolving Credit and Term Loan Agreement (the “Credit Agreement”), dated as of March21, 2013, with Comerica Bank, as Administrative Agent and Lead Arranger (the “Agent”), and the lenders from time to time party thereto. The Amendment made the following changes to the Credit Agreement:

· allowed for aggregate principal debt of the Company’s Chinese-registered and Hong-Kong-registered subsidiaries of up to $17,000,000 in U.S. dollar equivalents; and

· allowed for aggregate principal debt incurred in favor of East West Bank by two of the Company’s Chinese subsidiaries of up to $5,000,000 in U.S. dollar equivalents.

The foregoing summary does not purport to be complete and is qualified in its entirety by reference to the Lease, which is attached as Exhibit10.1 hereto and incorporated herein by reference in its entirety.

ITEM 2.03 CREATION OF A DIRECT FINANCIAL OBLIGATION OR AN OBLIGATION UNDER AN OFF-BALANCE SHEET ARRANGEMENT OF A REGISTRANT.

The information set forth above and referenced under Item 1.01 is hereby incorporated by reference into this Item 2.03.

ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS.

(d)Exhibits.

Exhibit Number

Description

10.1

Twelfth Amendment dated June29, 2017 to Revolving Credit and Term Loan Agreement, dated March21, 2013, by and between NeoPhotonics Corporation and Comerica Bank, as Agent and sole Lender.


NEOPHOTONICS CORP Exhibit
EX-10.1 2 a17-16937_1ex10d1.htm EX-10.1 Exhibit 10.1   TWELFTH AMENDMENT TO CREDIT AGREEMENT   This Twelfth Amendment to Credit Agreement (this “Amendment”) is entered into as of June 29,…
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About NEOPHOTONICS CORPORATION (NYSE:NPTN)

NeoPhotonics Corporation develops, manufactures and markets optoelectronic products that transmit, receive and switch digital optical signals for communications networks. The Company develops and manufactures Transmitter Products, Receiver Products and Switch Products that are used in ultra-high speed digital optical communications, high speed switching and provisioning, and access connections for wireless and fiber-to-the-home communications networks. Its products are categorized into groups, including High Speed Products and Network Products and Solutions. High Speed Products include products designed for 100G and beyond for telecom and datacenter or content provider networks and applications. Its Network Products and Solutions consist of various products designed for applications below 100G, and include 40G products. It combines its transmitter and receiver products into Transceiver modules.