JCPenney Makes Interest Payment as It Weighs Options

Troubled department store chain is viewed as a likely restructuring candidate

jc penney storefront
JCPenney made a roughly $17 million interest payment on its term loan while considering its strategic options. JCPenney

Troubled department store chain JCPenney made an interest payment of about $17 million on its term loan that had been due back on May 7, the company said in a public filing today.

@RichCollings Richard Collings is a retail reporter at Adweek.