Macy's Retail Holdings, LLC, a wholly owned subsidiary of Macy's, Inc., has initiated a cash tender offer to purchase certain outstanding notes and debentures for a combined aggregate purchase price of up to $175 million. This initiative is part of a strategic financial maneuver, with terms and conditions detailed in the Offer to Purchase dated July 14, 2025. The tender offer is set to expire on August 11, 2025, and holders who wish to participate must tender their notes by the early tender date of July 25, 2025. Wells Fargo Securities and US Bancorp are serving as the Lead Dealer Managers for this offer.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.