30.06.2015 21:03:00

Penney (J.C.) Company, Inc. -- Moody's revises J.C. Penney's outlook to positive, upgrades Speculative Grade Liquidity rating to SGL-1, Caa1 CFR affirmed

New York, June 30, 2015 -- Moody's Investors Service today revised J.C. Penney Company, Inc.'s ("J.C. Penney) rating outlook to positive from stable. Moody's also affirmed the company's Caa1 Corporate Family Rating, and raised the company's Speculative Grade Liquidity rating to SGL-1 from SGL-2. All ratings affirmed are detailed below.

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