E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 6/22/2015 in the Prospect News Investment Grade Daily and Prospect News Liability Management Daily.

Macy’s to redeem all $76.02 million of 8.125% debentures due 2035

By Wendy Van Sickle

Columbus, Ohio, June 22 – Macy’s Retail Holdings Inc. has called all of its outstanding $76,016,000 of 8.125% debentures due 2035, according to a news release.

The debentures, which were issued in August 1995 by the Department Stores Co. and assumed by Macy’s during its 2005 acquisition of May, will be redeemed on Aug. 17 at par plus accrued interest.

Bank of New York Mellon Trust Co., NA is the trustee.

Macy’s is a Cincinnati-based department store chain.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.