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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of report: June 23, 2008
MACY’S, INC.
7 West Seventh Street, Cincinnati, Ohio 45202
(513) 579-7000
-and-
151 West 34th Street, New York, New York 10001
(212) 494-1602
         
Delaware   1-13536   13-3324058
(State of Incorporation)   (Commission File Number)   (IRS Employer
        Identification No.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
o   Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
o   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
o   Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
o   Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 

 


 

Item 8.01. Other Events.
     On June 23, 2008, Macy’s, Inc. (“Macy’s”) and its wholly owned subsidiary, Macy’s Retail Holdings, Inc. (“Macy’s Holdings”), entered into an underwriting agreement with Banc of America Securities LLC, Credit Suisse Securities (USA) LLC and J.P. Morgan Securities Inc. as representatives of the underwriters named therein, in connection with the offer and sale of $650 million aggregate principal amount of Macy’s Holdings’ 7.875% Senior Notes due 2015, which will be fully and unconditionally guaranteed by Macy’s. The underwriting agreement includes the terms and conditions of the offer and sale of the senior notes, indemnification and contribution obligations and other terms and conditions customary in agreements of this type. The foregoing disclosure is qualified in its entirety by reference to the underwriting agreement, which is attached hereto as Exhibit 1.1 and is incorporated herein by reference.
     The senior notes will be issued under an indenture, dated as of November 2, 2006, as supplemented by the Fifth Supplemental Indenture contemplated to be entered into, among Macy’s Holdings, as issuer, Macy’s, as guarantor, and U.S. Bank National Association, as trustee.
     Certain of the underwriters and their respective affiliates (i) have provided, and may in the future provide, investment banking and/or commercial banking services to Macy’s, Macy’s Holdings and their subsidiaries from time to time and have received, and will in the future receive, customary fees in connection with providing these services and (ii) hold positions in Macy’s Holdings’ debt securities.
     Macy’s Holdings intends to use the net proceeds of the offering for general corporate purposes, which may include the payment of amounts due on $500 million of senior notes that mature in September 2008 and $150 million of senior notes that mature in November 2008.
     In connection with the offering of the senior notes, Macy’s is filing certain other exhibits to this Current Report on Form 8-K.
Item 9.01. Financial Statements and Exhibits.
     (d) Exhibits:
     
Exhibit    
Number   Description
 
   
1.1
  Underwriting Agreement, dated June 23, 2008, among Macy’s Retail Holdings, Inc., Macy’s, Inc. and the underwriters named therein
 
   
5.1
  Opinion of Jones Day
 
   
12.1
  Statement Regarding Computation of Ratio of Earnings to Fixed Charges
 
   
23.1
  Consent of Jones Day (included in Exhibit 5.1 hereof)

2


 

SIGNATURE
     Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
         
  MACY’S, INC.
 
 
Date: June 23, 2008  By:   /s/ Karen M. Hoguet    
    Name:   Karen M. Hoguet   
    Title:  
Executive Vice President and
Chief Financial Officer 
 
 

 


 

INDEX TO EXHIBITS
     
Exhibit    
Number   Description
 
   
1.1
  Underwriting Agreement, dated June 23, 2008, among Macy’s Retail Holdings, Inc., Macy’s, Inc. and the underwriters named therein
 
   
5.1
  Opinion of Jones Day
 
   
12.1
  Statement Regarding Computation of Ratio of Earnings to Fixed Charges
 
   
23.1
  Consent of Jones Day (included in Exhibit 5.1 hereof)