secwatch.observer — SEC 8-K summary
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Issuer:     MICRON TECHNOLOGY INC (MU)
CIK:        0000723125
Form:       8-K
Filed at:   2025-04-29T23:59:59+00:00
Accession:  0001104659-25-041201
Event type: debt
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 2.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Micron issues $1.75B in senior notes, redeems $900M of 4.185% 2027 notes
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- Issued $500M of 5.65% senior notes due 2032 and $1.25B of 6.05% senior notes due 2035.
- Net proceeds to redeem all $900M of 4.185% Senior Notes due 2027 at make-whole premium.
- Will terminate fixed-to-floating interest rate swaps linked to the 2027 notes.
- Interest on new notes payable semiannually from Nov 1, 2025; change-of-control put at 101%.
- Notes issued under existing indenture with tenth supplemental indenture dated April 29, 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/723125/000110465925041201/0001104659-25-041201-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/723125/000110465925041201/tm2513434d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-041201

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer