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LINES OF CREDIT
6 Months Ended
Dec. 31, 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 December 31, 2014, the Company had certain lines of credit that are collateralized by restricted deposits.

 

Entity with  Type of  Interest  Expiration  Credit  Unused
Facility  Facility  Rate  Date  Limitation  Credit
 Trio-Tech International Pte. Ltd., Singapore    Lines of Credit   Ranging from 1.88% to 8.06%   —     $8,135   $5,618 
 Trio-Tech (Malaysia) Sdn. Bhd
    Lines of Credit   Ranging from 4.6% to 5.1%   —     $429   $257 

 

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  Type of  Interest  Expiration  Credit  Unused
Facility  Facility  Rate  Date  Limitation  Credit
 Trio-Tech International Pte. Ltd., Singapore    Lines of Credit   Ranging from 1.77% to 6.04%   —     $9,073   $5,306