Daily News: October 23, 2013

Bloomberg: RadioShack Boosts Liquidity with New Financing

Bloomberg reported that RadioShack received commitments for $835 million in new financing, replacing its existing $625 million credit facilities, according to a person with knowledge of the matter.

The Bloomberg source said lenders include GE Capital, Salus Capital Partners, CIT Group and Royal Bank of Scotland Group Plc.

Previously on abfjournal: Bloomberg: RadioShack to Seek Funds for Turnaround Support, October 7, 2013

To read the entire Bloomberg article, click here.