Micron Technology, Inc. announced it has commenced cash tender offers to purchase any and all of its outstanding notes across six series. The offers are a debt management initiative aimed at repurchasing notes with maturities ranging from 2031 to 2035.
Key Details
- Targeted Securities: The offers target six series of Senior Notes with a total outstanding principal amount of approximately $5.4 billion.
- Offer Expiration: The tender offers will expire at 5:00 p.m., New York City time, on March 31, 2026, unless extended.
- Settlement Date: The expected settlement date for the purchased notes is April 3, 2026. The offers are not conditioned on any minimum amount of notes being tendered.