Macy’s buys back $101 million of notes in second quarter

New York, Aug. 10 – Macy’s, Inc. repurchased $101 million of its senior notes and debentures during its fiscal second quarter, which ended on July 29, according to a news release.

The company paid $108 million for the debt, including expenses.

All the transactions were carried out in the open market.

The quarter’s buybacks bring the total amount of senior notes and debentures purchased during the fiscal first half of 2017 to $247 million at a cost of $257 million, the company said.

Macy’s is a Cincinnati-based retailer.

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