Trending FOX BUSINESS News: Shares of Macy's surge on $4.5B secured in new financing

Trending FOX BUSINESS News: Shares of Macy's surge on $4.5B secured in new financing


Shares of Macy's surge on $4.5B secured in new financing


Macy's new financing includes $1.3 billion of 8.375 percent senior secured notes and a new $3.15 billion asset-based credit agreement.

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