March 14, 2018 / 8:41 PM / in 7 months

BRIEF-J C Penney Co Entered Indenture For Issuance By Co Of $400 Mln Of Senior Secured Second Priority Notes

March 14 (Reuters) - J C Penney Company Inc:

* J C PENNEY CO - ON MARCH 12 ENTERED INDENTURE FOR ISSUANCE BY CO OF $400 MILLION OF 8.625% SENIOR SECURED SECOND PRIORITY NOTES DUE 2025

* J C PENNEY COMPANY SAYS NOTES BEAR INTEREST AT A RATE OF 8.625% PER YEAR AND WILL MATURE ON MARCH 15, 2025 - SEC FILING Source text (bit.ly/2FHlvze) Further company coverage: (Reuters.Brief@thomsonreuters.com)

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