---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-003666"
form_type: "8-K"
ticker: "MU"
cik: "0000723125"
company_name: "MICRON TECHNOLOGY INC"
filed_at: "2024-01-12T23:59:59+00:00"
generated_at: "2026-06-07T00:15:30.969851+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Micron issues $1B of 5.30% senior notes due 2031 to repay term loan

## Summary
- Issued $1,000,000,000 aggregate principal of 5.30% senior notes due January 15, 2031.
- Interest payable semi-annually on January 15 and July 15, beginning July 15, 2024.
- Net proceeds used to repay borrowings under senior term loan due October 2024 and for general corporate purposes.
- Notes callable at par after November 15, 2030; change-of-control put at 101% of principal.
- Issued under existing indenture with U.S. Bank Trust Company as trustee.

## SEC filing metadata
- accession: 0001104659-24-003666
- form_type: 8-K
- ticker: MU
- cik: 0000723125
- company_name: MICRON TECHNOLOGY INC
- filed_at: 2024-01-12T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/723125/000110465924003666/0001104659-24-003666-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/723125/000110465924003666/tm243238d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-003666
- JSON: https://secwatch.observer/filing/0001104659-24-003666.json
- Plain text: https://secwatch.observer/filing/0001104659-24-003666.txt

## Key facts
- Debt Financings
  MICRON TECHNOLOGY INC incurred senior notes of $1,000,000,000 aggregate principal amount with U.S. Bank Trust Company, National Association (as successor in interest to U.S. Bank National Association) at 5.30% per year maturing January 15, 2031.
  - Instrument: senior notes
  - Principal: $1,000,000,000 aggregate principal amount
  - Counterparty: U.S. Bank Trust Company, National Association (as successor in interest to U.S. Bank National Association)
  - Rate: 5.30% per year
  - Maturity: January 15, 2031
  - Event: incurrence
  source text: On January 12, 2024, Micron Technology, Inc. ("Micron," " we," "us," or "our") settled its offering of $1,000,000,000 aggregate principal amount of 5.30% senior notes due 2031 (the "Notes").
  evidence_url: https://www.sec.gov/Archives/edgar/data/723125/000110465924003666/0001104659-24-003666-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.