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J.C. Penney, J. Crew’s Billions in Loan Debt Spark Scrutiny by Fitch Ratings

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J.C. Penney Corp. Inc. and J. Crew Group Inc. are among the businesses under scrutiny on Fitch Ratings’ “top loans of concern” list, where 18 percent of companies under fire hail from the retail sector. According to credit ratings agency Fitch, Penney’s appeared on its list, published in its U.S. Leveraged Loan Default Insight report, for the…

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