secwatch.observer — SEC 8-K summary
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Issuer:     MICRON TECHNOLOGY INC (MU)
CIK:        0000723125
Form:       8-K
Filed at:   2024-01-12T23:59:59+00:00
Accession:  0001104659-24-003666
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/723125/000110465924003666/0001104659-24-003666-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/723125/000110465924003666/tm243238d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-003666

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