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AI brief of an SEC Form 8-K · Macy's (M)

Macy's subsidiary prices $500 million of 7.375% senior notes due 2033

Neutral Impact 3 of 5 financing Written later

Macy's Retail Holdings, LLC, a wholly owned subsidiary of Macy's, Inc., issued $500 million of 7.375% senior notes due August 1, 2033 on July 29, 2025, at 100% of principal. The company said it will use the proceeds with cash on hand to fund an upsized debt tender offer and redeem about $587 million of other notes and debentures. The notes are unsecured and guaranteed by Macy's, Inc., so the new debt adds a $500 million obligation for the parent group while the company refinances existing debt.

Key points

  • $500 million of 7.375% senior notes due August 1, 2033 issued July 29, 2025, at 100% of principal amount
  • Proceeds plus cash on hand to fund the tender offer, redeem about $587 million of other notes and debentures, and pay fees and expenses
  • Tender offer maximum raised from $175 million to $250 million; $223,883,000 of 5.875% senior notes due 2030 accepted at early settlement
  • Notes are senior unsecured obligations guaranteed by Macy's, Inc.; interest payable February 1 and August 1, starting February 1, 2026

The filing

CompanyMacy's (M)
Form8-K, current report
Filed with the SECJul 29, 2025, 4:57 PM ET
Accession number0000794367-25-000137

Items reported: 1.01 Material Definitive Agreement2.03 New Direct Financial Obligation8.01 Other Events

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 12:58 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 29, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.