Macys Inc

Deals

CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
USD1,300.0005Jun-25Sr. SecuredBa1BB--FixedTsy-8.50-8.75%8028.38%-100.00000
Tranche Comments
5 yr: Redemption: 2022-06-15; Registration: 144A/Reg S; Comments: US$1.3bn(upsized from US$1.1bn) 8.375% cpn 5-year(6/15/25) NC2 at 100, yld 8.375%. Spread: T+802bp. Equity Clawback: Up to 40% until June 15, 2022 at 108.375. Call Schedule: : Callable starting June 15, 2022 at 104.188, June 15, 2023 at 102.094, June 15, 2024 and thereafter at 100.000. CoC: 101%.;
Use of Proceeds
To repay all borrowings outstanding under the RCF
Refinancing
Yes

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