JCPenney’s (OTCMKTS: JCPNQ) quest to survive the pandemic has now shifted gears as discussions with several bidders reach a dead end. The bankrupt company’s top lenders are now working...
Tag: Lenders
Ascena Retail Group, Inc. (NASDAQ: ASNA) has reported entry into a restructuring support agreement with majority of its secured term lenders. The pre-arranged financial restructuring plan is expected to...
In a fight for survival, retail giant J.C. Penney (OTC: JCPNQ) revealed it will be making further cuts after having filed for bankruptcy just weeks ago. The department store...