Replies to post #9889 on Old Copper Co. Inc. (f/k/a CPPRQ/JCPNQ JC Penney)

[linda1]

Not since Sept 19/20:


J.C. Penney is preparing for talks with its creditors
on ways it can ease its debt load, buying the retailer
some time ahead of the critical holiday shopping
season, Bloomberg reported.

The company’s advisors and some of its bondholders
are close to signing nondisclosure agreements,
people familiar with the matter told the news service.

A bankruptcy filing isn’t expected to be the focus of
the planned debt talks, according to the report.


https://www.cnbc.com/2019/09/20/jc-penney-prepping-for-debt-talks-ahead-of-the-holiday-season-bloomberg-says.html

[temp luvs amy]

I mentioned it in a post. I think they deleted it. I said: "What's gonna happen, is gonna happen." You sort of have to read between the lines and understand the capitalization parameters.