Macy’s $525 Tender Offer


Jones Day represented Macy’s Inc.,one of the nation’s premier retailers, in the offering.

Macy’s, Inc. (NYSE: M) announced the pricing terms of the previously announced tender offer of its wholly owned subsidiary, Macy’s Retail Holdings, Inc., to purchase up to $525 million in aggregate principal amount of the outstanding debt securities identified in the Company’s Offer to Purchase dated December 3, 2019. The terms and conditions of the Tender Offer are described in the Offer to Purchase, as amended by Macy’s, Inc.’s press release issued earlier today.

BofA Securities, Inc., Credit Suisse Securities (USA) LLC, U.S. Bancorp Investments, Inc. and Wells Fargo Securities, LLC are the Dealer Managers for the Tender Offer. D.F. King & Co., Inc. is the Tender Agent and Information Agent.

The Jones Day team was led by Michael Solecki (Picture).

Involved fees earner: Michael Solecki – Jones Day;

Law Firms: Jones Day;

Clients: Macy’s Inc.;

Author: Ambrogio Visconti