---
schema_version: "secwatch.filing_event.v1"
accession: "0000794367-25-000137"
form_type: "8-K"
ticker: "M"
cik: "0000794367"
company_name: "Macy's, Inc."
filed_at: "2025-07-29T23:59:59+00:00"
generated_at: "2026-05-17T23:53:41.253430+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Macy's issues $500M of 7.375% senior notes due 2033 to fund tender offer and debt redemption

## Summary
- Issued $500M aggregate principal of 7.375% senior notes due 2033 at par; interest payable semi-annually starting Feb 1, 2026.
- Proceeds, with cash on hand, to fund up to $250M tender offer (upsized from $175M) and redeem ~$587M of other outstanding notes.
- Tender offer early results: $223.9M of 5.875% notes due 2030 accepted (67.93% proration); other series fully accepted.
- Tender offer expiration remains Aug 11, 2025, but no further acceptances expected after early settlement on July 29, 2025.
- Notes are senior unsecured obligations of Macy's Retail Holdings, LLC, guaranteed by Macy's, Inc.

## SEC filing metadata
- accession: 0000794367-25-000137
- form_type: 8-K
- ticker: M
- cik: 0000794367
- company_name: Macy's, Inc.
- filed_at: 2025-07-29T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 2.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/794367/000079436725000137/0000794367-25-000137-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/794367/000079436725000137/n-20250728.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000794367-25-000137
- JSON: https://secwatch.observer/filing/0000794367-25-000137.json
- Plain text: https://secwatch.observer/filing/0000794367-25-000137.txt

## Key facts
- Debt Financings
  Macy's, Inc. incurred senior notes of $500 million with U.S. Bank Trust Company, National Association at 7.375% maturing August 1, 2033.
  - Instrument: senior notes
  - Principal: $500 million
  - Counterparty: U.S. Bank Trust Company, National Association
  - Rate: 7.375%
  - Maturity: August 1, 2033
  - Event: incurrence
  source text: On July 29, 2025, Macy’s Retail Holdings, LLC (the “Issuer”), a wholly owned subsidiary of Macy’s, Inc. (the “Company”), issued $500 million in aggregate principal amount of 7.375% senior notes due 2033 (the “Notes”) in a private offering at an offering price of 100% of the principal amount thereof (the “Notes Offering”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/794367/000079436725000137/0000794367-25-000137-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
