New York, January 29, 2015 -- Moody's Investors Service ("Moody's") rated Micron Technology, Inc.'s ("Micron") new Senior Notes ("Senior Notes") due 2023 at Ba3. Micron's Ba2 Corporate Family Rating (CFR), the Ba3 rating on its existing senior unsecured notes and the stable outlook are unchanged . Proceeds of the Senior Notes will be used to build Micron's pool of liquidity for retirement of convertible notes and other debt and for general corporate purposes.
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