JC Penney Corts Tr Debentures (COTRP)

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Obviously you haven’t read and studied all your investments. So I don’t wish nothing. But it doesn’t matter. Go find the link yourself.

A presentation entitled “Emergence Analysis” dated Sept. 4 2020 in the 8-K includes the following sources and uses and exit capital structure for J.C. Penney and the related transactions. The presentation, prepared by Lazard, assumes a $300 million equity investment, $500 million in take-back debt, a $310 million FILO and $497 million drawn on the exit ABL to finance the transactions. Lenders would receive $318 million cash distribution in addition to the $500 million take-back debt. The ABL balance of $1.263 billion assumed as of Oct. 3 would be paid down