Months after speculation of a cash crisis at JCPenney, bond investors are accusing the company of defaulting on its debt. Lawyers who say they represent half of the holders of a tranche of JCPenney bonds due in 2037 sent the company a letter alleging that it breached a bond agreement, Sapna Maheshwari at Bloomberg reported.

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News