Cases & Deals

Micron Technology and subsidiary obtain $600 million revolving credit facility

Client(s) Micron Technology, Inc.

Jones Day represented Micron Technology, Inc. (Micron) and its wholly-owned subsidiary, Micron Semiconductor Products, Inc. (MSP), in a $600 million asset-based revolving credit facility provided by HSBC Bank, N.A. Micron and MSP are co-borrowers under the credit facility, which is secured by the inventory and accounts receivable of MSP and the inventory of Micron.