Debtor-In-Possession Loan

JCPenney Seeks $450M In Financing Amid Potential Bankruptcy Filing
JCPenney Seeks $450M In Financing Amid Potential Bankruptcy Filing
May 13, 2020  |  Retail

As it mulls a potential bankruptcy filing, JCPenney is in discussions with lenders to secure funding of $450 million. The debtor-in-possession (DIP) financing would make...

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