JC Penney Closes $2.35 Billion Credit Facility At Improved Rate By: Benzinga via Benzinga June 23, 2014 at 09:14 AM EDT J.C. Penney (NYSE: JCP) obtained new financing valued at $2.35 billion in a new revolving credit line and a $500 million term ... Read More >> Related Stocks: J C Penney Company Inc