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JC Penney Co. Senior Unsecured Debt Ratings Reinstated After Administrative Error Product Image

JC Penney Co. Senior Unsecured Debt Ratings Reinstated After Administrative Error

  • Published: May 2011
  • Standard & Poors

Abstract
NEW YORK (Standard & Poor's) May 16, 2011--Standard & Poor's Ratings Services today reinstated its ratings on J.C. Penney Co. Inc.'s senior unsecured debt after they were withdrawn due to an administrative error. Ratings Corrected And Reinstated Penney (J.C.) Co. Inc. Senior Unsecured $275 mil 7.125% deb due 2023 BB+ $200 mil 6.875% med-term nts ser A due 2015 BB+ $200 mil 7.65% deb due 2016 BB+ $500 mil 7.625% deb due 2097 BB+ $300 mil 7.95% deb due 2017 BB+ $400 mil 7.4% deb due 2037 BB+ $230.203 mil 9.% nts due 2012 BB+ $300 mil 5.75% sr nts due 2018 BB+ $700 mil 6.375% sr nts due 2036 BB+ $400 mil 5.65% sr nts due 2020 BB+...

Companies mentioned in this report are: Penney (J.C.) Co. Inc.
Action: Rating Reinstated

Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an READ MORE >

Penney (J.C.) Co. Inc.

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