Macy's, Inc. Announces Early Redemption of $1.3 Billion in Senior Secured Notes
Aug 3, 2021 SPONSOR Macy’s, Inc. (NYSE: M) today issued a notice of redemption to redeem $1.3 billion in principal amount of its 8.375% Senior Secured Notes due 2025 (the “Notes”) on August 17, 2021. This voluntary early redemption covers the entire amount of the outstanding Notes. “Investing in the profitable growth of Macy’s, Inc. remains our priority. We are pleased that, as a result of our disciplined approach to capital allocation, especially over the past 16 months, coupled with a return of consumer demand, we are now well positioned to also focus on further enhancing our long...
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