secwatch.observer — SEC 8-K summary
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Issuer:     MICRON TECHNOLOGY INC (MU)
CIK:        0000723125
Form:       8-K
Filed at:   2022-10-31T23:59:59+00:00
Accession:  0000723125-22-000051
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Micron closes $750M offering of 6.750% senior notes due 2029
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- Aggregate principal $750M, interest 6.750%, matures Nov 1, 2029.
- Issued under indenture with U.S. Bank Trust; covenants, events of default customary.
- Net proceeds for general corporate purposes, may include capital expenditures.
- Micron may redeem notes at any time at treasury rate + 40 bps before Par Call Date (Sept 1, 2029).
- Change of control triggering events require repurchase at 101% of principal plus accrued interest.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/723125/000072312522000051/0000723125-22-000051-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/723125/000072312522000051/mu-20221031.htm
  HTML page:      https://secwatch.observer/filing/0000723125-22-000051

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