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Micron borrows $125 million from two revolving credit facilities
New York, April 27 – Micron Technology, Inc. said it drew a total of $125 million from two revolving credit facilities.
The company borrowed $50 million on its senior secured five-year revolver and $75 million under the senior secured five-year revolver of a subsidiary, according to an 8-K filing with the Securities and Exchange Commission.
The borrowings were made after the end of the company’s fiscal quarter on March 5.
Micron is a Boise, Idaho-based semiconductor manufacturer.
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