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General

Micron closes USD 3.7 billion sustainability-linked credit facilities

Tuesday 18 May 2021 | 12:50 CET | News
Micron Technology said it has closed nearly USD 3.7 billion worth of inaugural sustainability-linked credit facilities. The company added that the facilities will both create additional long-term value for stakeholders and reinforce its commitment to sustainability and 2030 environmental goals. The facilities include a five-year USD 2.5 billion sustainability-linked revolving credit facility maturing in May 2026, and a nearly USD 1.2 billion sustainability-linked term loan A maturing in October 2024. The credit facility agreements refinance Micron's existing revolving credit and term loan A

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Categories: General
Companies: Micron Technology
Countries: World
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