trending Market Intelligence /marketintelligence/en/news-insights/trending/bZjJluoUM7tAS9GGW_zCYA2 content esgSubNav
In This List

Micron Technology grosses $1.25 billion from debt offering

Blog

Europe: 5 key OTT trends to watch in 2022

Podcast

Next in Tech | Episode 50: InfoSec spending up, again…

Blog

Broadcast deal market recap 2021

Podcast

Next in Tech | Episode 49: Carbon reduction in cloud


Micron Technology grosses $1.25 billion from debt offering

Micron Technology Inc. raised gross proceeds of $1.25 billion from an offering of 7.50% senior secured notes due Sept. 15, 2023.

The company plans to use the proceeds for general corporate purposes or working capital.

Citigroup Global Markets Inc., Credit Suisse Securities (USA) LLC, DBS Bank Ltd., HSBC Securities (USA) Inc., J.P. Morgan Securities LLC, Merrill Lynch Pierce Fenner & Smith Inc., Morgan Stanley & Co. LLC and Wells Fargo Securities LLC were the lead underwriters.

ANZ Securities Inc., BNP Paribas Securities Corp., Credit Agricole Securities (USA) Inc., ING Financial Markets LLC, MUFG Securities Americas Inc., Standard Chartered Bank New York and U.S. Bancorp Investments Inc. also served as underwriters for the offering.