Micron Technology Prices $1 Billion Offering of 5.25 Percent Senior Notes
On January 29, 2015, Micron Technology announced the pricing of an offering of $1 billion aggregate principal amount of its 5.25 percent senior notes due 2023. The sale of the notes closed on February 3. Wilson Sonsini Goodrich & Rosati advised Micron in connection with the transaction.
Micron intends to use the net proceeds from the offering to retire or repurchase convertible notes and debt, as well as for general corporate purposes.
For more information, please see Micron's press release.