US: JC Penney extends credit facility to $1.85bn - je.st - US: JC Penney extends credit facility to $1.85bn

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US: JC Penney extends credit facility to $1.85bn

2013-02-13 17:57:00| Daily apparel & textile news and comment - from just-style.com

US department store retailer JC Penney has amended its bank credit facility to increase its borrowing capacity, raising concerns about its ongoing transformation strategy.

Tags: credit facility extends penney

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