secwatch.observer — SEC 8-K summary
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Issuer:     Macy's, Inc. (M)
CIK:        0000794367
Form:       8-K
Filed at:   2025-07-29T23:59:59+00:00
Accession:  0000794367-25-000137
Event type: debt
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 2.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/794367/000079436725000137/0000794367-25-000137-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/794367/000079436725000137/n-20250728.htm
  HTML page:      https://secwatch.observer/filing/0000794367-25-000137

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