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JCPenney seeking funds, Goldman may be involved

Friday, 20 Sep 2013 | 4:34 PM ET
JCP considers options to raise additional cash
Friday, 20 Sep 2013 | 4:41 PM ET
CNBC's Kate Kelly reports JC Penney has met with banks in recent weeks about fundraising options for additional cash.

J.C. Penney is considering options for raising additional cash, sources told CNBC.

The retailer has met with banks in recent months about fund-raising possibilities, although it is unclear how much money Penney would try to raise.

(Read more: JCPenney and Best Buy: A tale of two retailers)

The company's management has not yet made a final decision about raising cash.

The sources said Goldman Sachs is likely to be involved in any J.C. Penney fundraising.

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