Federated files public offering of $500.0 million principal amount of senior unsecured notes.CINCINNATI, OHIO--(BUSINESS WIRE)--January 9, 1995--Federated Department Stores This is a list of department stores. In the case of department store groups the location of the flagship store is given. This list does not include large specialist stores, which sometimes resemble department stores. , Inc. announced today it has filed a registration statement with the Securities and Exchange Commission (SEC) relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc a proposed public offering by the company of up to $500 million principal amount of senior unsecured notes. If the public offering is completed, the net proceeds Net Proceeds The amount received after all costs are deducted from the sale of a piece of property or security. Notes: In the case of an investor selling a security, net proceeds represent the proceeds from the sale minus any trading costs (i.e. commissions). of the public offering, together with the proceeds of borrowings under Federated's existing bank credit facility, will be used by the company to redeem in their entirety the $381.4 million aggregate principal amount of the company's Series A Notes due 1999 and the $572.1 million aggregate principal amount of the company's Series B Notes due June 30, 2002. Prior to January 31, 1995, these Notes do not bear interest and may be redeemed by the company. The redemption of these notes is subject to various future events, however, and there can be no assurance that such redemption will actually be effected. If the notes are to be redeemed, notice will be given in accordance with the indenture under which the notes were issued. Transfers of the Series A or Series B Notes will be registered by the indenture trustee therefor there·for adv. For that: ordering goods and enclosing payment therefor. Adv. 1. therefor until the close of business on January 20. Thereafter, no such transfers will be registered unless Federated Connected and treated as one. See federated database and federated directories. informs the indenture trustee that it will not redeem the notes prior to January 31. Goldman, Sachs & Co. is acting as lead manager for the underwriting syndicate Underwriting syndicate A group of investment banks that work together to sell new security offerings to investors. The underwriting syndicate is led by the lead underwriter. See also: Lead underwriter. underwriting syndicate See syndicate. . Co-managers of the underwriting syndicate are Merrill Lynch Merrill Lynch & Co., Inc. (NYSE: MER TYO: 8675 ), through its subsidiaries and affiliates, provides capital markets services, investment banking and advisory services, wealth management, asset management, insurance, banking and related products and services on a global basis. & Co. and Chase Securities, Inc. A registration statement relating to the notes has been filed with the SEC but has not yet become effective. The notes may not be sold, nor may offers to buy be accepted, prior to the time the registration statement becomes effective. This press release does not constitute an offer to sell or the solicitation of an offer to buy, nor will there be any sale of the notes in any state in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state. Copies of the prospectus related to the offering, when available, may be obtained from Goldman, Sachs & Co., 85 Broad Street, New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , NY 10004. Federated, with corporate offices in Cincinnati and New York, is one of the nation's leading department store retailers, with annual sales in excess of $14 billion. Federated currently operates 346 department stores in 35 states under the names of Abraham & Straus, Bloomingdale's, The Bon Marche, Bullock's, Burdines, Goldsmith's, Jordan Marsh, Lazarus, Macy's, Rich's and Stern's. The company also operates more than 100 specialty and clearance stores nationally. CONTACT: Federated Department Stores, Inc., Cincinnati
Media - Carol Sanger 513/579-7764
Investor - Susan Robinson 513/579-7780
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