secwatch.observer — SEC 8-K summary
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Issuer:     Macy's, Inc. (M)
CIK:        0000794367
Form:       8-K
Filed at:   2025-07-14T23:59:59+00:00
Accession:  0000794367-25-000132
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Macy's prices $500M of 7.375% senior notes due 2033 to refinance debt
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- Priced $500M aggregate principal of 7.375% senior notes due August 1, 2033 at 100% of par.
- Closing expected July 29, 2025; Notes are senior unsecured obligations guaranteed by Macy's, Inc.
- Proceeds, with cash on hand, to fund concurrent tender offer and redeem ~$587M of existing senior notes and debentures.
- Tender Offer and Redemption conditioned on Notes offering consummation; Notes offering not conditioned on them.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/794367/000079436725000132/0000794367-25-000132-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/794367/000079436725000132/n-20250714.htm
  HTML page:      https://secwatch.observer/filing/0000794367-25-000132

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