RadioShack to get liquidity boost via replaced facility

By Sruthi Ramakrishnan (Reuters) - RadioShack Corp said a group of investors led by Standard General LP have replaced GE Capital as lead lender of its asset-based credit facility, in a move that will allow the struggling electronics retailer to tap more funds ahead of the crucial holiday shopping season. Standard General, Litespeed Management LLC and other investors are also providing $120 million to be used to cash collateralize letters of credit for the company, RadioShack said in a statement. ...

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