News Stories (2 Results) -
JCPenny
Pathlight Capital is serving as the Administrative Agent on the recently funded $340 million Senior Secured Term Loan Facility for JCPenney. The Term Loan serves as an amendment and extension of the initial FILO Facility of $300 million that funded...
Read Story
December 20, 2021, 07:00 AM
|
JCPenney paid off its $506 million take-back term loan on December 1, 2021. The Company used its strong existing liquidity position to reduce its debt and save interest as the business continues its transformation.The take-back term loan was held by...
Read Story
December 17, 2021, 07:52 AM
|