Publications
Publications
- April 1986 (Revised June 1986)
- HBS Case Collection
J.C. Penney (B)
Abstract
Penney's assistant treasurer was considering various capital markets issues to finance store modernizations. This case provides the financing terms available to Penney for domestic, current, and zero coupon debt. Eurodollar debt, and nondollar SFr and Yen issues hedged and swapped back to dollar liabilities. Also, Penney is considering using interest rate futures, options, and options on futures to hedge a forthcoming debt issue.
Keywords
Citation
Mason, Scott P. "J.C. Penney (B)." Harvard Business School Case 286-118, April 1986. (Revised June 1986.)