The company said it settled the issuance of 5.65% senior notes due 2032 worth $500,000,000 and 6.05% senior notes due 2035 worth $1,250,000,000 on April 29, 2025.

1. 01

   The company said it settled the issuance of 5.65% senior notes due 2032 worth $500,000,000 and 6.05% senior notes due 2035 worth $1,250,000,000 on April 29, 2025.

2. 02

   The company said the 2032 Notes bear interest at 5.65% per year and the 2035 Notes bear interest at 6.05% per year, maturing on November 1, 2032 and November 1, 2035, respectively. Interest is payable on May 1 and November 1 each year, beginning on November 1, 2025.

3. 03

   The company said it plans to use the net proceeds from the notes to pay the redemption price of its 4.185% senior notes due 2027 (the 2027 Notes) and to terminate the fixed-to-floating interest rate swaps tied to those notes, with any remaining proceeds used for general corporate purposes, which may include repaying other indebtedness.

4. 04

   Micron said it issued a notice on April 24, 2025 to redeem in full its 4.185% senior notes due 2027. The principal amount to be redeemed is $900,000,000, and the redemption price is 100% of principal plus a make-whole premium and accrued and unpaid interest.

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AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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