New York, April 27, 2015 -- Moody's Investors Service ("Moody's") rated Micron Technology, Inc.'s ("Micron") two new tranches of Senior Notes ("Senior Notes") due 2024 and 2026 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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