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Macy's Inc prices $500 mln of 10-year senior notes

Tuesday, 20 May 2014 04:25pm EDT 

Macy's Inc:Announced the pricing of the public offering of $500.0 million aggregate principal amount of senior notes due 2024 by its wholly owned subsidiary, Macy's Retail Holdings, Inc.Senior notes were issued at a price of 99.899 pct of par and will bear interest at a rate of 3.625 pct per annum.Transaction is expected to close on or about May 23.Says it will use the net proceeds for general corporate purposes. 

Company Quote

-1.16 -1.93%
22 Sep 2014