Macy’s Retail Holdings, Inc.’s $750 Million Tender Offer

Shearman & Sterling represented Credit Suisse Securities (USA) LLC, J.P. Morgan Securities LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated and Wells Fargo Securities, LLC as dealer managers in connection with Macy’s Retail Holdings, Inc.’s tender offer for up to $750 million combined aggregate principal amount of certain of its outstanding debt securities.

Macy’s Retail Holdings, Inc. is a wholly owned subsidiary of Macy’s Inc.

Macy’s, Inc., with corporate offices in Cincinnati and New York, is one of the nation’s premier retailers. With fiscal 2017 sales of $24.837 billion and approximately 130,000 employees, the company operates approximately 690 department stores under the nameplates Macy’s and Bloomingdale’s, and more than 180 specialty stores that include Bloomingdale’s The Outlet, Bluemercury, Macy’s Backstage and STORY. Macy’s, Inc. operates stores in 44 states, the District of Columbia, Guam and Puerto Rico, as well as, and

Shearman & Sterling advised with a team including Lisa Jacobs (Picture), Kristen Garry, Edia Uko and Adam Sternberg.

Involved fees earner: Kristen Garry – Shearman & Sterling; Lisa Jacobs – Shearman & Sterling; Adam Sternberg – Shearman & Sterling; Edia Uko – Shearman & Sterling;

Law Firms: Shearman & Sterling;

Clients: Credit Suisse Securities Limited; JP Morgan Securities; Merrill Lynch, Pierce, Fenner & Smith Incorporated; Wells Fargo Securities;

Author: Ambrogio Visconti