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US: JC Penney raises extra $500m on $2.25bn loan

2013-05-23 17:01:00| Daily apparel & textile news and comment - from just-style.com

Department store retailer JC Penney has secured a five-year US$2.25bn loan - $500m more than it originally expected - as it looks to turn its struggling business around.

Tags: extra loan raises 500m

Category:Consumer Goods and Services

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