Micron Semiconductor Asia $750 million asset financing

Overview:

• Micron Semiconductor Asia has received $750 million asset financing from a consortium of banks.
• Lenders in the deal were HSBC, DBS Bank, ING Bank, Standard Chartered Bank, BNP Paribas, The Bank of Tokyo-Mitsubishi, The Royal Bank of Scotland, Oversea-Chinese Banking Corporation, and United Overseas Bank.
• Proceeds of borrowings under the facility agreement may be used for general corporate purposes.  

Katrin Kostadinova - Data analyst