Widening in J.C. Penney's (JCP) five-year credit default swap (CDS) spreads underscores continued investor concern, according to Fitch Solutions. The retailer said last week it would close 33 stores nationwide and cut 2,000 jobs as it struggles to...
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January 21, 2014, 07:04 AM
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The Wall Street Journal reported that J. C. Penney Company, Inc. announced that it has entered into a commitment letter with Goldman Sachs Bank USA under which Goldman Sachs has committed to provide the Company with a five-year $1.75 billion senior...
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April 29, 2013, 08:05 AM
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