On February 6, 2023, Micron priced an offering of $500 million in aggregate principal amount of its 6.750 percent senior notes due 2029 and $750,000,000 in aggregate principal amount of its 5.875 percent senior notes due 2033. The sale of the notes closed on February 9, 2023. Micron intends to use the net proceeds from the sale of the notes for general corporate purposes, which may include capital expenditures.
A Wilson Sonsini Goodrich & Rosati team including partners Patrick Schultheis, Erik Franks, Jeana Kim, and Michael Rosati and associates Alex Weber, Josh Sedgwick, and Jing Xu represented Micron in the transaction.
For more information, please see Micron’s 8-K filing with the SEC.