WSJ report – US retail giant J.C. Penney in advanced talks for bankruptcy funding

In the Wall Street Journal 
– J.C. Penney is in advanced talks for bankruptcy funding with a group of lenders
– in discussions with existing lenders including Wells Fargo & Co., Bank of America Corp. and JPMorgan Chase & Co. for a so-called debtor-in-possession loan that would keep the department-store chain's operations funded during a court-supervised bankruptcy,