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Macy’s Announces $500 Million Senior Notes Offering

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Macy’s Announces $500 Million Senior Notes Offering

Elevate Your Investing Strategy:

Macy’s ( (M) ) has issued an update.

On July 14, 2025, Macy’s, Inc. announced that its subsidiary, Macy’s Retail Holdings, LLC, priced a $500 million offering of 7.375% senior notes due 2033. The proceeds from this offering will be used to fund a tender offer, redeem outstanding senior notes, and cover related expenses. The closing of this offering is expected on July 29, 2025, and is crucial for the company’s financial restructuring efforts, impacting its debt management strategy.

The most recent analyst rating on (M) stock is a Hold with a $17.00 price target. To see the full list of analyst forecasts on Macy’s stock, see the M Stock Forecast page.

Spark’s Take on M Stock

According to Spark, TipRanks’ AI Analyst, M is a Outperform.

Macy’s overall stock score reflects a mix of strong valuation and positive earnings call outcomes balanced against financial and technical challenges. The attractive valuation and strategic management initiatives provide potential upside, while existing operational and market environment challenges suggest caution. The recent leadership changes add a positive outlook for future strategic direction, supporting potential long-term growth.

To see Spark’s full report on M stock, click here.

More about Macy’s

Macy’s, Inc. is a renowned retailer known for its iconic brands such as Macy’s, Bloomingdale’s, and Bluemercury. Headquartered in New York City, the company offers a seamless shopping experience through its extensive digital and nationwide presence.

Average Trading Volume: 6,918,026

Technical Sentiment Signal: Sell

Current Market Cap: $3.4B

Learn more about M stock on TipRanks’ Stock Analysis page.

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