JCPenney has completed the refinancing of its $2.25 billion five-year senior secured term loan credit facility entered into in 2013 with an amended and restated $1.688 billion seven-year senior secured term loan credit facility.
JPMorgan Chase was the lead arranger of the amended and restated term loan facility. Barclays Bank, Merrill Lynch, Wells Fargo Securities and Goldman Sachs Lending Partners served as the other joint arrangers.
