secwatch.observer — SEC 8-K summary
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Issuer:     MICRON TECHNOLOGY INC (MU)
CIK:        0000723125
Form:       8-K
Filed at:   2025-01-16T23:59:59+00:00
Accession:  0001104659-25-004100
Event type: debt
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 2.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Micron issues $1B of 5.80% senior notes due 2035; redeems $500M of 4.975% notes due 2026
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- Issued $1,000,000,000 aggregate principal of 5.80% senior notes maturing January 15, 2035.
- Net proceeds will fund redemption of outstanding 4.975% Senior Notes due 2026 ($500M principal) and general corporate purposes.
- Notes redeemable at Micron's option before October 15, 2034 at treasury rate plus 20 bps; thereafter at par.
- Change of control trigger requires Micron to offer repurchase at 101% of principal plus accrued interest.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/723125/000110465925004100/0001104659-25-004100-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/723125/000110465925004100/tm2425615d5_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-004100

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