On April 5, 2023, Micron Technology, Inc. priced an offering of $600 million in aggregate principal amount of its 5.375 percent senior notes due 2028 and $900,000,000 in aggregate principal amount of its 5.875 percent senior notes due 2033. The sale of the notes closed on April 11, 2023. Micron intends to use a portion of the net proceeds from the sale of the notes to repay a portion of the outstanding borrowings under its senior term loan due October 2024 and the remainder of the net proceeds for general corporate purposes.

The Wilson Sonsini Goodrich & Rosati team representing Micron includes corporate partners Patrick Schultheis and Jeana Kim; corporate associate Josh Sedgwick; corporate finance partners Erik Franks and Michael Rosati; corporate finance associates Alex Weber and Ryan Isola; tax partner Dave Strong; and tax associate Nika Antonikova.

For more information, please see Micron’s 8-K filing with the SEC.