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News Stories (6 Results) - Standard General

Great American Capital Partners, LLC (GACP) has led a $25 million senior secured first-in last-out (FILO) term loan to General Wireless Operations, Inc., doing business as RadioShack. The term loan is part of a $75 million financing package that... Read Story
July 07, 2015, 07:33 AM

The dismantling of RadioShack Corp. grew closer to completion with the auctioning of the 94-year-old electronics retailer’s name to hedge fund Standard General LP for $26.2 million, a recent Bloomberg article reports.The Bloomberg article notes... Read Story
May 15, 2015, 07:47 AM

Hedge fund Standard General LP is in talks to serve as the lead bidder at a bankruptcy auction for RadioShack Corp, the struggling consumer electronics retailer, the Wall Street Journal and Reuters reported on Feb. 1, citing people familiar with the... Read Story
February 02, 2015, 07:41 AM

A major RadioShack Corp. lender is attempting to buy a bigger part of the electronic retailer's debt in exchange for backing the company's store-closing plan, Bloomberg reported, citing people familiar with the matter.Salus Capital Partners LLC is... Read Story
October 31, 2014, 07:36 AM

RadioShack Corporation announced that Standard General LP and certain other investors have replaced GE Capital as the lead lender under RadioShack's $585 million senior secured asset based lending (ABL) credit facility (which included a $50 million... Read Story
October 07, 2014, 07:26 AM

A Reuters news story reports cash-strapped electronics retailer RadioShack Corp has reached an agreement with a consortium led by its largest shareholder Standard General LP to refinance about $590 million of loans to re-stock ahead of the holiday... Read Story
October 03, 2014, 07:29 AM