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Macerich plans USD 600 million exchangeable senior notes offering due 2031

PUBT·08/06/2026 11:08:40
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Macerich plans USD 600 million exchangeable senior notes offering due 2031
  • Macerich announced a proposed private offering of USD 600 million exchangeable senior notes due 2031, with an option for USD 90 million more.
  • Total potential issuance: USD 690 million; notes mature Aug. 15, 2031, unless earlier repurchased, exchanged, or redeemed.
  • Proceeds earmarked for capped call transaction costs, refinancing existing secured debt, general corporate purposes.
  • Notes can be redeemed for cash from Aug. 20, 2029 if the stock trades above 130% of the exchange price for a set period.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. The Macerich Company published the original content used to generate this news brief on August 06, 2026, and is solely responsible for the information contained therein.