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In a previous piece, we noted the uphill battle J.C. Penney (JCP) is facing and the heavy risks - but potential rewards - equity investors are exposing themselves to. We also mentioned the heavy debt loads the company is supporting. Digging deeper into the debt picture shows a large portion of J.C. Penney's debt due by 2023. In the near future, the company owes roughly $200 million - servicing this shouldn't be an issue. This provides the company with some elbow room to work on turning itself around.