Wells and Pathlight Provide $1.5B Combined Facility for JCPenney in Chapter 11 Exit
Wells Fargo provided an ABL facility and Pathlight Capital provided a FILO facility for a total of $1.5 billion in financing for JCPenney after the company sold its retail and operating assets to Simon Property Group and Brookfield Asset Management to exit Chapter 11.
December 8, 2020
AlixPartners | BRG Capital Advisors | Brian Kingston | Dan Platt | David Marks | David Simon | JCPenney | Jill Soltau | Kirkland & Ellis | Lazard | Pathlight Capital | Paul Weiss Rifkind Wharton & Garrison | Simon and Brookfield | wells fargo
Ellie Delany