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Macy's Announces Private Placement Offering of $500 Million in Senior Unsecured Notes

BY MT Newswires | CORPORATE | 07/14/25 08:16 AM EDT

08:16 AM EDT, 07/14/2025 (MT Newswires) -- Macy's (M) said Monday its wholly owned subsidiary, Macy's Retail Holdings, plans to offer a private placement of $500 million in senior unsecured notes due 2033.

Proceeds will be used to help fund a concurrent tender offer to redeem about $587 million of existing outstanding senior notes and debentures, and to pay fees, premiums, and expenses, the company said.

The notes are expected to be guaranteed on a senior unsecured basis by the company, Macy's said.

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.

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