US: JC Penney secures $1.75bn loan
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.
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.