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LINES OF CREDIT
3 Months Ended
Sep. 30, 2014
Notes to Financial Statements  
LINES OF CREDIT (IN THOUSANDS, EXCEPT EARNINGS PER SHARE AND NUMBER OF SHARES)

Carrying value of the Company’s lines of credit approximates its fair value because the interest rates associated with the lines of credit are adjustable in accordance with market situations when the Company borrowed funds with similar terms and remaining maturities.

 

The Company’s credit rating provides it with readily and adequate access to funds in global markets. As of September 30, 2014, the Company had certain lines of credit that are collateralized by restricted deposits.

 

Entity with
Facility
  Type of
Facility
  Interest
Rate
  Expiration
Date
  Credit
Limitation
  Unused
Credit
Trio-Tech International Pte. Ltd., Singapore   

 

Lines of Credit

   With interest rates ranging from 1.88% to 8.06%   —     $8,905   $5,857 
                        

 

The Company’s credit rating provides it with readily and adequate access to funds in global markets. As of June 30, 2014, the Company had certain lines of credit that are collateralized by restricted deposits.

 

Entity with
Facility
  Type of
Facility
  Interest
Rate
  Expiration
Date
  Credit
Limitation
  Unused
Credit
Trio-Tech International Pte. Ltd., Singapore   

 

Lines of Credit

   With interest rates ranging from 1.77% to 6.04%   —     $9,073   $5,306