Micron Technology announced the expiration and final results of its cash tender offers to purchase any and all of six series of its outstanding senior notes. The company has accepted for payment all validly tendered notes, representing an aggregate principal amount of approximately $4.46 billion.
Key Details
- Tender Offer Results: Out of a total $5.4 billion in principal amount outstanding across the six series, approximately $4.46 billion was validly tendered and accepted for purchase.
- Targeted Securities: The offers included six series of senior notes with maturity dates ranging from 2031 to 2035.
- Timeline: The tender offers expired at 5:00 p.m. New York City time on March 31, 2026, with an expected payment and settlement date of April 3, 2026.