WWD.com/retail-news/department-stores/jc-penney-ups-credit-facility-to-185b-6747347
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department-stores

February 12, 2013

J.C. Penney Ups Credit Facility to $1.85B

Retailer expands bank agreement as it works on turnaround.

department-stores/news

J.C. Penney Co. Inc. has expanded its credit facility, securing some extra financial cushioning as it works to turn around operations.

The move increased the company’s borrowing capacity...

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