checkAd

Macy’s, Inc. Announces Debt Tender Offer

Nachrichtenquelle: Business Wire (engl.)
02.03.2021, 13:32  |  137   |   |   

Macy’s, Inc. (NYSE:M) today announced that its wholly owned subsidiary, Macy’s Retail Holdings, LLC (the “Company”), has commenced a cash tender offer (the “Tender Offer”) to purchase up to $500 million in aggregate principal amount (the “Maximum Tender Offer Amount”), subject to the Tender Caps (as shown below) of its outstanding notes listed in the table below (collectively, the “Notes”), in the order of priority shown in the table.

The terms and conditions of the Tender Offer are described in an Offer to Purchase dated March 2, 2021 (the “Offer to Purchase”). The Tender Offer is subject to the satisfaction of certain conditions as set forth in the Offer to Purchase. Capitalized terms used in this press release and not defined herein have the meanings given to them in the Offer to Purchase.

CUSIP
Number

Title of Security

Aggregate
Principal
Amount
Outstanding

Tender
Caps(1)

Acceptance
Priority
Level

Tender Offer
Consideration(2)

Early
Tender
Premium(3)

Total Tender
Offer
Consideration
(4)

55616XAF4

3.875% Senior Notes due 2022

$450,003,000

$150,000,000

1

$988.75

$30.00

$1,018.75

55616XAK3

4.375% Senior Notes due 2023

$210,173,000

N/A

2

$1,000.00

$30.00

$1,030.00

577778AZ6

7.600% Senior Debentures due 2025

$24,265,000

N/A

3

$1,030.00

$30.00

$1,060.00

577778CB7/
55617LAN2

6.650% Senior Debentures due 2024

Seite 1 von 5
Macy's Aktie jetzt über den Testsieger (Finanztest 11/2020) handeln, ab 0 € auf Smartbroker.de



Diesen Artikel teilen
Wertpapier



0 Kommentare

Schreibe Deinen Kommentar

Bitte melden Sie sich an, um zu kommentieren. Anmelden | Registrieren

 

Disclaimer

Macy’s, Inc. Announces Debt Tender Offer Macy’s, Inc. (NYSE:M) today announced that its wholly owned subsidiary, Macy’s Retail Holdings, LLC (the “Company”), has commenced a cash tender offer (the “Tender Offer”) to purchase up to $500 million in aggregate principal amount (the “Maximum …

Community

Nachrichten des Autors

Titel
Titel
Titel
Titel