Macy's Inc., founded in 1858 and headquartered in Cincinnati, Ohio, is an established retail company focused on delivering quality merchandise to customers through its department stores and e-commerce platforms. The company operates as a major player in the retail landscape, offering a diverse range of products including apparel, accessories, cosmetics, and home goods.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| M 6.70% 2028-09-15 USDMacy`s Inc | United States | 2028-09-15 | 6.700 | 3.60 |
| M 6.70% 2034-07-15 USDMacy`s Inc | United States | 2034-07-15 | 6.700 | 7.27 |
| M 6.90% 2029-04-01 USDMacy`s Inc | United States | 2029-04-01 | 6.900 | 3.49 |
| M 6.90% 2032-01-15 USDMacy`s Inc | United States | 2032-01-15 | 6.900 | 8.00 |
| M 8.75% 2029-05-15 USDMacy`s Inc | United States | 2029-05-15 | 8.750 | 3.48 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Macy's began issuing bonds in the early 1990s, with a notable issuance in 2006 that aimed to finance store renovations. In recent years, the company has issued benchmark bonds, with their latest being a $1 billion senior unsecured note offering in 2021, reflecting a yield of around 4.75%, competitive compared to retail industry averages. The company’s bonds have gained attention due to their callable features and fixed-rate structures, offering a level of financial flexibility in a shifting retail environment.