Macerich Co/the (MAC) Quarterly Institutional 13F Update (Q2 2026)

Macerich's operating partnership, The Macerich Partnership, completed a $775 million sale of 2.25% exchangeable senior unsecured notes due 2031. The notes are fully and unconditionally guaranteed by Macerich Co., and the deal was led by J.P. Morgan and Morgan Stanley, including the full exercise of an additional $100 million option. The initial exchange rate is 35.4761 shares per $1,000 principal, equal to an initial exchange price of about $28.19 per share.

On Aug 5, Macerich (MAC) filed a new automatic shelf registration (Form S-3) with the SEC to replace its previous one that expired the day before. It also filed four prospectus supplements to keep existing offerings running, including its at-the-market (ATM) equity program capped at $500 million — with roughly $211.5 million already used — as well as updates on shares tied to limited-partnership unit redemption and resale. Separately, the company amended its equity distribution agreement to add Morgan Stanley and Scotia Capital as new sales agents.

On August 4, 2026, Macerich (MAC) released its financial results for the three and six months ended June 30, 2026 by posting a financial supplement on its website, and that supplement is included as Exhibit 99.1 to this 8-K. The disclosure is being furnished under Item 2.02 of Form 8-K, and the company explicitly notes it is not being “filed” with the SEC and should not be incorporated by reference into other SEC filings. Items 7.01 and 9.01 are listed in the header, but the excerpt provides no additional specifics about them.

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