• Linkdin
Maximize your media exposure with Fibre2Fashion's single PR package  |   Know More

JC Penney to sell 96.6mn shares to raise funds

27 Sep '13
1 min read

J. C. Penney Company, Inc. announced that it has commenced an underwritten public offering of 84.0 million shares of its common stock.

The Company intends to use the net proceeds from the offering for general corporate purposes.

The Company intends to grant the underwriters a 30-day option to purchase up to an additional 12.6 million shares of common stock.

The Company’s common stock is listed on the New York Stock Exchange under the symbol “JCP.”

Goldman, Sachs & Co. is serving as the sole book-running manager for the offering.

JC Penney

Leave your Comments

Esteemed Clients

Woolmark Services India Pvt. Ltd.
Weitmann & Konrad GmbH & Co. KG
VNU Exhibitions Asia
USTER
UBM China (Shanghai)
Tuyap Tum Fuarcilik Yapim A.S.
TÜYAP IHTISAS FUARLARI A.S.
Tradewind International Servicing
Thermore (Far East) Ltd.
The LYCRA Company Singapore  Pte. Ltd
Thai Trade Center
Thai Acrylic Fibre Company Limited
X
Advanced Search