As part of the discussions, J.C. Penney would be able to draw $225 million of its bankruptcy loan on day one, and then have to hit certain milestones in order to obtain the second half of the loan.
Source: MSN Money
As part of the discussions, J.C. Penney would be able to draw $225 million of its bankruptcy loan on day one, and then have to hit certain milestones in order to obtain the second half of the loan.
Source: MSN Money
