secwatch.observer — SEC 8-K summary
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Issuer:     MICRON TECHNOLOGY INC (MU)
CIK:        0000723125
Form:       8-K
Filed at:   2023-02-09T23:59:59+00:00
Accession:  0000723125-23-000014
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Micron settles $1.25B dual-tranche senior notes offering at 5.875%-6.75% rates
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- Issued $500M add-on to 6.750% notes due 2029 (previous $750M) and $750M of 5.875% notes due 2033.
- Net proceeds for general corporate purposes, may include capital expenditures.
- 2029 notes priced at 104.487% (yield 5.914%); 2033 notes at 99.933% (yield 5.884%).
- Notes are unsecured senior obligations with customary covenants and change-of-control put at 101%.
- Interest payable semi-annually: May/Nov for 2029 notes, Feb/Aug for 2033 notes.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/723125/000072312523000014/0000723125-23-000014-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/723125/000072312523000014/mu-20230209.htm
  HTML page:      https://secwatch.observer/filing/0000723125-23-000014

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