Macy’s $220 million tender offers
The cash tender offers applied to certain series of outstanding notes
Davis Polk advised the dealer managers in connection with cash tender offers for certain series of outstanding notes made by Macy’s Retail Holdings, LLC, a wholly owned subsidiary of Macy’s, Inc.
Macy’s is one of the nation’s premier omni-channel fashion retailers, with fiscal 2023 sales of $23.1 billion. The company comprises three retail brands, Macy’s, Bloomingdale’s and Bluemercury. Macy’s is headquartered in New York, New York.
The Davis Polk capital markets team included partners Michael Kaplan and Stephen A. Byeff and associates Dylan H. Lojac, Joyce Kim and Hope Goimarac. The tax team included counsel Alon Gurfinkel and associates Caroline Peters, Alanna Phillips and Katherine S. Xiu. Members of the Davis Polk team are based in the New York and London offices.