secwatch.observer — SEC 8-K summary
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Issuer:     Macy's, Inc. (M)
CIK:        0000794367
Form:       8-K
Filed at:   2024-09-18T23:59:59+00:00
Accession:  0000794367-24-000186
Event type: debt
Sentiment:  positive
Materiality: 0.45
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Macy's early tender results: $220M debt buyback, prorated acceptance for 5.875% notes due 2029
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- Accepted all tenders for 6.79% due 2027 ($10.49M), 7.00% due 2028 ($10.20M), 6.70% due 2028 ($19.95M total), 6.90% due 2029 ($7.20M).
- Accepted $173.65M of $292.18M tendered of 5.875% Notes due 2029 (59.5% proration factor).
- Maximum tender offer amount of $220M exceeded; no acceptance of 8.75% debentures or 5.875% notes due 2030.
- Early settlement on September 19, 2024; uses cash on hand to fund repurchase.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/794367/000079436724000186/0000794367-24-000186-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/794367/000079436724000186/n-20240918.htm
  HTML page:      https://secwatch.observer/filing/0000794367-24-000186

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer