UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of

the Securities Exchange Act of 1934

 

February 7, 2017

Date of Report (Date of earliest event reported)

 

SANMINA CORPORATION

(Exact name of registrant as specified in its charter)

 

Delaware

 

0-21272

 

77-0228183

(State or other jurisdiction of incorporation)

 

(Commission File Number)

 

(I.R.S. Employer Identification
No.)

 

2700 North First Street

San Jose, California 95134

(Address of principal executive offices, including zip code)

 

(408) 964-3500

(Registrant’s telephone number, including area code)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 



 

Item 1.02 Termination of a Material Definitive Agreement.

 

On February 7, 2017, Sanmina Corporation (the “Company”) prepaid the balance of the amount due under that certain Loan Agreement, as amended (the “Loan Agreement”), between the Company and MUFG Union Bank, N.A. (“Union Bank”). The Loan Agreement provided for a $40.0 million term loan due on December 19, 2017 and was secured by the Company’s real property comprising its headquarters campus in San Jose, California. The amount of the prepayment was $40,053,833, which amount includes principal and accrued interest through the prepayment date.  As a result of the prepayment, the Loan Agreement has been terminated in full.  The parent company of Union Bank, Bank of Tokyo-Mitsubishi UFJ, Ltd., is a lender, syndication agent and joint lead arranger under the Company’s $375 million secured revolving credit facility.

 

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SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

SANMINA CORPORATION

 

 

 

 

 

 

Date: February 10, 2017

By:

/s/ Robert K. Eulau

 

 

Robert K. Eulau

 

 

Executive Vice President and Chief Financial Officer

 

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