Macy’s Draws Down the Entirety of a $1.5 Billion Credit Facility
Macy's Draws Down the Entirety of a $1.5 Billion Credit Facility 3Macy’s (NYSE:M) is going the debt route to help support its finances in these challenging times. The company confirmed in a regulatory filing submitted Tuesday that it and one of its subsidiaries have drawn down the entirety of a $1.5 billion credit facility provided for the struggling retailer. In the filing, the company said that it is doing …
News story posted on 2020-03-25T00:51:00.0000000Z