Macy's, Inc. M today announced the pricing of the public offering of
$550 million aggregate principal amount of senior notes due 2022 and $250
million aggregate principal amount of senior notes due 2042 by its wholly
owned subsidiary, Macy's Retail Holdings, Inc. The 2022 senior notes will bear
interest at a rate of 3.875 percent per annum and the 2042 senior notes will
bear interest at a rate of 5.125 percent per annum. The senior notes will be
fully and unconditionally guaranteed on a senior unsecured basis by Macy's,
Inc. The transaction is expected to close on or about January 13, 2012.
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