Business
Micron Announces Cash Tender Offers for Any and All of Certain Outstanding Senior Notes
BOISE, Idaho, March 25, 2026 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (Nasdaq:MU), (the "Company" or "Micron") announced today that it has commenced offers
About this update from Micron Technology, Inc.
[{"type":"text","content":"BOISE, Idaho, March 25, 2026 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (Nasdaq:MU), (the \"Company\" or \"Micron\") announced today that it has commenced offers to purchase for cash any and all of the notes listed in the table below (the “notes”). The offers to purchase with respect to each series of notes are being referred to herein as the “Tender Offers” and each, a “Tender Offer.” Title of SecurityCUSIP/ISINNumbersPrincipalAmountOutstandingReference U.S.TreasurySecurityBloombergReferencePageFixedSpread(basis points)Par Call Date 5.300% Senior Notes due 2031595112CD3 / US595112CD31$1,000,000,0000.875% UST due November 15, 2030FIT 620November 15, 20305.650% Senior Notes due 2032595112CG6 / US595112CG61$500,000,0003.500% UST due February 28, 2031FIT 160September 1, 20325.875% Senior Notes due 2033595112BZ5 / US595112BZ51$750,000,0004.125% UST due February 15, 2036FIT 130November 9, 20325.875% Senior Notes due 2033 595112CB7 / US595112CB74$900,000,0004.125% UST due February 15, 2036FIT 140June 15, 20335.800% Senior Notes due 2035 595112CE1 / US595112CE14$1,000,000,0004.125% UST due February 15, 2036FIT 155October 15, 20346.050% Senior Notes due 2035 595112CH4 / US595112CH45$1,250,000,0004.125% UST due February 15, 2036FIT 165August 1, 2035 The Tender Offers are being made pursuant to an offer to purchase dated as of March 25, 2026, and notice of guaranteed delivery. The Tender Offers will expire at 5:00 p.m., New York City time, on March 31, 2026, unless extended or earlier terminated as described in the offer to purchase (such time and date, as they may be extended, the “Expiration Time”). Holders of the notes who validly tender (and do not validly withdraw) their notes prior to the Expiration Time, or who deliver to the tender agent and information agent a properly completed and duly executed notice of guaranteed delivery in accordance with the instructions described in the offer to purchase, will be eligible to receive the Notes Consideration (as defined in the offer to purchase), plus any accrued and unpaid interest up to, but not including, the settlement date, which is expected to occur on April 3, 2026. Tendered notes may be withdrawn at any time at or prior to the Expiration Time. Micron reserves the right to terminate, withdraw or amend the Tender Offers at any time, subject to applicable law. The Tender Offers are su...