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News Stories (9 Results) - Radio Shack

General Wireless Operations Inc., doing business as RadioShack, announced that the Company filed voluntary petitions under Chapter 11 in the United States Bankruptcy Court for the District of, stores and dealer locations... Read Story
March 09, 2017, 08:00 AM

Hilco Streambank announced that on behalf of certain lenders, it is assisting RadioShack Corporation in soliciting offers to acquire certain assets. The assets include certain U.S and Foreign registered Trademarks, 73 active and pending patent... Read Story
April 24, 2015, 07:26 AM

A Reuters article notes Salus Capital Partners has offered to provide $500 million to RadioShack Corp in a kind of debtor-in-possession loan used by companies to fund operations in bankruptcy. The article is based on a  recent Wall Street Journal... Read Story
January 13, 2015, 07:14 AM

Reuters reports that troubled electronics retailer RadioShack Corp, is being advised by a restructuring attorney at law firm Jones Day as it tries to strike a deal with creditors to close stores while averting bankruptcy.Citing people close to the... Read Story
September 11, 2014, 07:07 AM

RadioShack's weak operating results are expected to further constrain its liquidity in 2014, leaving the company with a limited window of opportunity to turn around its business, according to Fitch Ratings. On March 4, 2014, the company reported a... Read Story
March 07, 2014, 07:45 AM

Fitch Ratings has affirmed its 'CCC' Long-term Issuer Default Rating (IDR) on RadioShack Corporation (RadioShack). Fitch has also assigned ratings to the company's new credit facilities. Key Rating Drivers:The IDR reflects the significant decline in... Read Story
December 24, 2013, 08:02 AM

RadioShack Corporation has completed a new financing totaling $835 million including a $585 million senior secured ABL credit facility led by GE Capital, Corporate Retail Finance and a $250 million secured term loan led by Salus Capital Partners, LLC... Read Story
December 11, 2013, 07:30 AM

According to Bloomberg News and the Fort Worth Star-Telegram, RadioShack plans to raise money by the end of 2013 to persuade suppliers to support its turnaround effort which sites information obtained from people familiar with the matter.The consumer... Read Story
October 07, 2013, 07:44 AM

Retailer RadioShack is looking to refinance its debt by securing new, lower-cost loans, a process it would like to complete by the end of the year, according to two sources familiar with the matter. A Reuters article notes the struggling electronics... Read Story
August 14, 2013, 07:16 AM