(State or Other Jurisdiction of Incorporation) | (Commission File Number) | (IRS Employer Identification No.) |
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | |
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | |
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) | |
Title of each class | Trading Symbol(s) | Name of each exchange on which registered |
Emerging growth company | |
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. | ☐ |
Item 9.01. | Financial Statements and Exhibits. |
Exhibit Number | Description |
99.1 | |
104 | Cover Page Interactive Data File (embedded within the Inline XBRL Document) |
Dated: December 3, 2019 | MACY’S, INC. By:/s/ Elisa D. Garcia Name: Elisa D. Garcia Title: Chief Legal Officer and Secretary |
CUSIP Number | Title of Security | Original Issuer (1) | Aggregate Principal Amount Outstanding | Tender Cap (2) | Acceptance Priority Level | Early Tender Premium (3) | Reference U.S. Treasury Security | Bloomberg Reference Page | Fixed Spread (basis points) (4) | Hypothetical Total Tender Offer Consideration (3)(4)(5) |
55616XAK3 | 4.375% Senior Notes due 2023 | MRHI | $400,000,000 | $300,000,000 | 1 | $30 | 1.50% U.S. Treasury due 11/30/2024 | FIT1 | 145 | $1,040.38 |
55616XAH0 | 2.875% Senior Notes due 2023 | MRHI | $750,000,000 | 2 | $30 | 1.50% U.S. Treasury due 11/30/2024 | FIT1 | 135 | $995.28 | |
55616XAF4 | 3.875% Senior Notes due 2022 | MRHI | $550,000,000 | $100,000,000 | 3 | $30 | 1.625% U.S. Treasury due 11/15/2022 | FIT1 | 90 | $1,023.46 |
31410HAQ4 | 6.90% Senior Debentures due 2029 | FDSI | $191,796,000 | N/A | 4 | $30 | 1.75% U.S. Treasury due 11/15/2029 | FIT1 | 320 | $1,135.53 |
55616XAC1 | 7.0% Senior Debentures due 2028 | FDSI | $116,557,000 | N/A | 5 | $30 | 1.75% U.S. Treasury due 11/15/2029 | FIT1 | 305 | $1,139.60 |
55616XAB3 | 6.79% Senior Debentures due 2027 | FDSI | $71,167,000 | N/A | 6 | $30 | 1.75% U.S. Treasury due 11/15/2029 | FIT1 | 300 | $1,121.58 |
577778BH5 | 6.70% Senior Debentures due 2028 | May | $102,897,000 | N/A | 7 | $30 | 1.75% U.S. Treasury due 11/15/2029 | FIT1 | 305 | $1,126.50 |
314275AC2 | 6.375% Senior Notes due 2037 | FRHI | $192,532,000 | N/A | 8 | $30 | 2.25% U.S. Treasury due 8/15/2049 | FIT1 | 340 | $1,074.40 |
577778CE1 | 6.7% Senior Debentures due 2034 | May | $200,803,000 | N/A | 9 | $30 | 1.75% U.S. Treasury due 11/15/2029 | FIT1 | 355 | $1,129.74 |
577778CB7 | 6.65% Senior Debentures due 2024 | May | $121,587,000 | N/A | 10 | $30 | 1.50% U.S. Treasury due 11/30/2024 | FIT1 | 200 | $1,123.88 |
55616XAN7 | 3.450% Senior Notes due 2021 | MRHI | $500,000,000 | N/A | 11 | $30 | 1.50% U.S. Treasury due 11/30/2021 | FIT1 | 70 | $1,010.80 |
55616XAL1 | 3.625% Senior Notes due 2024 | MRHI | $500,000,000 | N/A | 12 | $30 | 1.50% U.S. Treasury due 11/30/2024 | FIT1 | 170 | $1,009.47 |
55616XAM9 | 4.500% Senior Notes due 2034 | MRHI | $366,620,000 | N/A | 13 | $30 | 1.75% U.S. Treasury due 11/15/2029 | FIT1 | 325 | $937.44 |
55616XAG2 | 5.125% Senior Notes due 2042 | MRHI | $250,000,000 | N/A | 14 | $30 | 2.25% U.S. Treasury due 8/15/2049 | FIT1 | 345 | $923.41 |
55616XAJ6 | 4.30% Senior Notes due 2043 | MRHI | $250,000,000 | N/A | 15 | $30 | 2.25% U.S. Treasury due 8/15/2049 | FIT1 | 345 | $816.60 |
(1) | A Series of Notes designated with “May” was originally issued by The May Department Stores Company. A Series of Notes designated with “FRHI” was originally issued by Federated Retail Holdings, Inc. A Series of Notes designated with “FDSI” was originally issued by Federated Department Stores, Inc. A Series of Notes designated with “MRHI” was originally issued by the Company. |
(2) | The tender cap of $300,000,000 for the 4.375% Senior Notes due 2023 and the 2.875% Senior Notes due 2023 represents the combined maximum aggregate principal amount of 4.375% Senior Notes due 2023 and 2.875% Senior Notes due 2023 that will be purchased in the Tender Offer. The tender cap of $100,000,000 for the 3.875% Senior Notes due 2022 represents the maximum aggregate principal amount of 3.875% Senior Notes due 2022 that will be purchased in the Tender Offer. |
(3) | Per $1,000 principal amount of Notes validly tendered on or before the Early Tender Date, not validly withdrawn and accepted for purchase. |
(4) | Includes the Early Tender Premium of $30.00 per $1,000 principal amount of Notes for each Series as set forth in this table. |
(5) | Based on the reference yield of the Reference U.S. Treasury Security (as set forth above) as of 10:00 a.m., New York City time, on December 2, 2019, and an expected Early Settlement Date of December 18, 2019. |
D!
M\@'Z @,"# (4 AT")@(O C@"00)+ E0"70)G G$">@*$ HX"F *B JP"M@+!
M LL"U0+@ NL"]0, PL#%@,A RT#. -# T\#6@-F W(#?@.* Y8#H@.N [H#
MQP/3 ^ #[ /Y! 8$$P0@!"T$.P1(!%4$8P1Q!'X$C 2:!*@$M@3$!-,$X03P
M!/X%#044%]@8&!A8&)P8W!D@&
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M',P<]1T>'4<=:AZ4'KX>Z1\3'SX?:1^4'[\?ZB 5($$@
M;""8(,0@\"$<(4@A=2&A( &YXS'DJ>8EYYWI&
M>J5[!'MC>\)\(7R!?.%]07VA?@%^8G["?R-_A'_E@$> J($*@6N!S8(P@I*"
M](-7@[J$'82 A..%1X6KA@Z& O^F;WX&X'77KAZ$E-_P >U6_]$ERL;>Z]G7W_ "^2:PP
M !E/\ Y_\ ,8 %P)Y:CK!_3@Z2^/Y[MOZ7L&@I9XXV!SIGV+#;.LI$
MS$RVYY5666W>UJQA PQN5LTK$-NG/-4M5WMD@LUI9(+$,C?V,D,T+F21O;]SV.1R?/OW._/#WBR]
M3>A.B_0KSSRMC8($1(L=+NN C@MBL:?BYVR(C7QS8C3TP6,FB5$3M%)4=
M&WZRM:BN7OK;V+9\CF+DV1R]^[E /\ E79M3N+D-5V+/:S?7T?Z^U_,9'#7/UMRNC[V<=8K3+Z'*JL^O]55
M54^*JI\" -OG"WCX]8FA>TF$Y_WZ]%$OP@W"]5WZ)6>KU+%VWBIL#V1]OJ-2
M)\:Q,^K"Z-$;VW(<"><^ZB<"^"+>](XWWZE$C4EEJU Q[)&. GX=P/
M$&WCH>\#+J5Y^^CV]-X\OX[7;/I5NV[=Z]Z0_)7Z;C6UY(K6_H6:P^H7Z&K3H]&R1[=L/HU_5YHF*J.F6GF\E2OS11JCUJU+#O5&UC
MI64E:_T_YP/$ Y7X5X-V_D;9,=J&BZYE=IV;+2MAQV&P]5]NY8>YS6=_2U/1
M#$USVI)/.^*"+U)[DC>Z <5(WO\ T[?\Y*R\%3RQF^\^NQ'(G++,EQ[Q!)(R
MY4K2P.J[=O=5OUF-P]6=&OPN#M.[=\_=A62W61_Y'K2MGBR5>1#X+OE6-1XJ
M=BN1NH&;SR) M:]C-*5(
,ITR\.K:AWOF#4*&1IL<^?!XV_^7]@1$]2)VP>#9?R
M;O4YCF,5M94<]%3O\%[1^>HSSIW"6"6S6XVXYW??[42.]B[EIJ&F8*TOU_0K
M+$_Y7SD;>Z,5WO:_&Y&/7LBN:K5K1NX[@2^.=?.;=26>?8BTC4N-M!I2=TAF
M=C
B!-JP
M?N7\-(UG;O+:M5W7\;"U>Z(EIR_#LJ@6CH
M #UN7R]6A4M7KUB&I2I5I[=RU8D;%7K5:T3IK%B>5ZH
MR*&&%CY))'JC6,:YSE1$52CZ\2;J[M<\\[P1RIM-IK>_N+''K$.3I^['V6"UD*3O4U7-[U#JK^Y\@/$
M /)J=_@GS D'>65Z*OTX>JC3[-^FEG6N-D?OV:66)SZSK>*
B,:CTRFO(NOP(J->LC6Z>]72/:L;HF,
M]MT1D 6I/1_YO#IFY!?5QV\1[%Q%FK"QQ.79*CU/;,9GL90S6%R%/+8C*U*
M]_&9/'68;E#(4;4;9JUNG:KOD@L5K$+V20RQ/
,-]E+J-_!;D?\U,F;'S7
M!XPWV4NHW\%N1_S4R8%), 7BGAE?9VX0_"W2/S?HE'67BGAE?9VX0
M_"W2/S?H@=Y 59GG*OM;8C\'-._.#=")T2Q?.5?:VQ'X.:=^<&Z$3
MH $^OR0/]=\[_P?5/\ 2WR H3Z_) _UWSO_ ?5/]+? L#0 !XO>C4
M5SE1K6HJN551$1$3NJJJ_!$1/BJK\$3YD73Q@?,\<7]/:Y32N.8Z7*/+=>-T
M#Z%>RYVF:I:
Q['*U[7-5%:YKD5%:YJHBM
2:9S(HFN>YK5^XS>;J8VG;OY"U!1I4
M:TUNW;M2,AK5:M=CI9[$\TBM9%%%&USY'O
KZD7TQ
MVG2.5%3UO5/@;P>$O"'Z:./$B=JG"^AT)XFM1;4V$K9"Q,Y&M;[L[[[;#997
M(U/4]S.Z]D[(@%+OJO!NZYU&+A-/VG,(]41CL7K^5OM:@D14D;9U
MK&,<]%145'RUZ\,KT5%5/K/4TX=1/E4>D;>6V9L7J>4T'(3(J06=0RUBK3JJ
MY4559B+"S4953M]7W6O]/=4[*BJ@%2D"<5U9>2LWS$MM7N&^3,1M4#.ZUL%N
M=5^$R;F-57.<[,8]EBA)*Z/LV*!,;$U96]G3M9(BQQ7NKSPTN<^";,D7*/&V
MR:S49+[3,W)46]KL_JE]J!8L]CW6L8UUI5:ZO7L68+;VO:CJ[']V('18'DK?
MAW_Q'B !E"3=Y>WQ[T#!8AOIQ.%Q.+:GR;CL
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M%Z)RCT'<+;K7?5VGBW1
GQ^#IJ]>&9R?67X+)V^)J1Y\\KC
MT?;ND\E7C^QI=Q[%2";3LM=Q5:N]?AZ_H"225ID3X]HY45O?LJ)\.P%10"?S
MU*>261&SVN)>89%5K7218G>,1'(Z9[G)Z8(\GB'565F1HKNTLU6R]S6HCD]2
MJY8X/5=Y=[JRXC;8LY;C"]M.)K)WDS>@3?HJIN5._=(Z5:*#.N[-:KW/_(_M
MM:J=WHJ.1 TB ]GE\+C?JV*5VK*^"S3MP2UK5>:->SXIZ\[&2PRL7X/
MCD8U[5^"HAZU4 P ,HO8VY^$YXR/*?29MC\CJ-M