{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-25-022973","form_type":"8-K","ticker":"MU","cik":"0000723125","company_name":"MICRON TECHNOLOGY INC","filed_at":"2025-03-12T23:59:59+00:00","discovered_at":"2026-05-14T18:03:06.191610+00:00","generated_at":"2026-05-24T22:52:11.041150+00:00","sec_items":["1.01","1.02","2.03"],"event_type":"debt","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Micron enters $3.5B revolver maturing 2030, replaces $2.5B facility","bullets":["New $3.5B committed revolving credit facility signed March 12, 2025; no outstanding borrowings at close.","Matures March 12, 2030; replaces $2.5B facility that was to mature May 14, 2026.","Interest rate margins vary by credit rating: base rate +0.00%-0.50%; SOFR +0.875%-1.50%.","Net leverage covenant not to exceed 3.25x (temporarily 3.75x after material acquisitions); no dividend restriction.","Incremental facility capacity of up to $1.5B, subject to lender consent and covenant compliance."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-25-022973","json":"https://secwatch.observer/filing/0001104659-25-022973.json","markdown":"https://secwatch.observer/filing/0001104659-25-022973.md","text":"https://secwatch.observer/filing/0001104659-25-022973.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/723125/000110465925022973/0001104659-25-022973-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/723125/000110465925022973/tm258936d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-24T22:52:11.041150+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}