---
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"
generated_at: "2026-05-24T22:52:11.041150+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Micron enters $3.5B revolver maturing 2030, replaces $2.5B facility

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 1.02, 2.03
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-022973
- JSON: https://secwatch.observer/filing/0001104659-25-022973.json
- Plain text: https://secwatch.observer/filing/0001104659-25-022973.txt

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