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US: JC Penney secures $1.75bn loan

2013-04-29 16:36:09| Daily apparel & textile news and comment - from just-style.com

Ailing retailer JC Penney has secured a US$1.75bn loan commitment from Goldman Sachs, two weeks after it drew $850m from its revolving credit facility.

Tags: loan secures penney 175bn

Category:Consumer Goods and Services

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