businesspress24.com - DGAP-News: Micron Calls for Redemption of All 4.25% Convertible Senior Notes Due 2013
 

DGAP-News: Micron Calls for Redemption of All 4.25% Convertible Senior Notes Due 2013

ID: 612346


(businesspress24) - Micron Technology, Inc.

06.04.2012 03:32
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BOISE, Idaho, 2012-04-06 03:31 CEST (GLOBE NEWSWIRE) --
Micron Technology, Inc. (Nasdaq:MU), is calling today for redemption, on June
4, 2012, of $138,880,000 in aggregate principal amount of its 4.25% Convertible
Senior Notes due 2013 (the 'Notes'), which represents all of the outstanding
Notes. The CUSIP number for the Notes being called for redemption is 595112
AJ2. Upon redemption, holders of the Notes being redeemed will receive
$1,062.08 per $1,000 principal amount of the Notes, which includes accrued and
unpaid interest on the Notes being redeemed to, but excluding, the redemption
date and the make-whole premium applicable to the Notes.

A Notice of Redemption is being mailed to all registered holders of the Notes.
Copies of the Notice of Redemption may be obtained from Wells Fargo Bank,
National Association, the Paying Agent, by calling 1-800-344-5128.

About Micron

Micron Technology, Inc. is one of the world's leading providers of advanced
semiconductor solutions. Through its worldwide operations, Micron manufactures
and markets a full range of DRAM, NAND and NOR flash memory, as well as other
innovative memory technologies, packaging solutions and semiconductor systems
for use in leading-edge computing, consumer, networking, embedded and mobile
products. Micron's common stock is traded on the NASDAQ under the MU symbol. To
learn more about Micron Technology, Inc., visit micron.com.

The Micron Technology, Inc. logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=6950


CONTACT: Kipp A Bedard
Investor Relations
1-208-368-4465
kbedard(at)micron.com

Daniel Francisco
Micron Technology, Inc.




1-208-368-5584
dfrancisco(at)micron.com
News Source: NASDAQ OMX



06.04.2012 Dissemination of a Corporate News, transmitted by DGAP -
a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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Language: English
Company: Micron Technology, Inc.


United States
Phone:
Fax:
E-mail:
Internet:
ISIN: US5951121038
WKN:

End of Announcement DGAP News-Service

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Bereitgestellt von Benutzer: EquityStory
Datum: 05.04.2012 - 21:32 Uhr
Sprache: Deutsch
News-ID 612346
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