Macy’s, Inc. Announces Early Debt Tender Results

Macy’s, Inc. (NYSE:M) today announced the early tender results of the previously announced cash tender offer (the “Amount”) by its wholly owned subsidiary, Macy’s Retail Holdings, LLC (the “Company”), for each series of notes listed in the table below (collectively, the “Notes”) for a combined aggregate purchase price of up to $220 million (excluding accrued and unpaid interest, which will also be paid to, but excluding, the applicable Settlement Date and excluding fees and expenses related to the Offer) (the “Maximum Offer Amount”), in the order of priority set forth in the table.

The terms of the Tender Offer are set forth in an Offer to Purchase dated September 4, 2024 (the “Offer to Purchase”). The Tender Offer is subject to the satisfaction of certain conditions as set forth in the Offer to Purchase. Capitalized terms used in this press release and not defined herein have the meanings given to them in the Offer to Purchase.