GO
Loading...

Enter multiple symbols separated by commas

JCPenney seeking funds, Goldman may be involved

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.

Contact Retail

  • CNBC NEWSLETTERS

    Get the best of CNBC in your inbox

    Please choose a subscription

    Please enter a valid email address
    To learn more about how we use your information,
    please read our Privacy Policy.