Skip to main content
close search
site logo

RadioShack secures $835M to fuel expansion

Published Dec. 12, 2013
By
Philip Nations Contributing Editor

Dive Summary:

  • GE Capital has created a $585 million senior secured credit facility and an additional $250 million secured term loan for RadioShack.
  • The $835 million in funds will allow RadioShack to boost its liquidity and refinance existing debt.
  • GE Capital is a division of General Electric Company which offers senior secured loans and other financial resources for U.S. retailers.

Dive Insight:

The combined $835 million received by RadioShack in the deal will allow the retailer to fuel its current growth plan by boosting its working capital. RadioShack is currently in the midst of an all-out turnaround effort and the capital raised from the deal will directly assist in funding the campaign. The additional $250 million secured term loan included in the finance deal was granted by Salus Capital Partners LLC.

Recommended Reading

Editors' picks

  • A group of diverse professionals are brainstorming ideas while standing around a glass wall with sticky notes.
    Image attribution tooltip
    LaylaBird via Getty Images
    Image attribution tooltip
    Deep Dive

    DEI could get better than ever

    The intense pressure to end diversity initiatives has led companies to scrutinize their policies. Many will end up making them stronger.

    By Daphne Howland • Feb. 13, 2025
  • Shoppers walk by boarded-up windows in front of a brick, Old Navy building.
    Image attribution tooltip
    Justin Sullivan via Getty Images
    Image attribution tooltip

    What 5 charts say about the pandemic’s impact on retail, 5 years later

    The industry may be far from the dramatic day-to-day struggles of 2020, but it hasn’t yet escaped the long tail the global health crisis left in its wake.

    By Cara Salpini • March 3, 2025

Company Announcements

View all | Post a press release
Root Sustainability Launches Automated LCA Platform
From Root Sustainability
May 14, 2025
Strategic Audit Solutions Launches AuditSUITE360 Platform as Demand for Accounts Payable Recov…
From Strategic Audit Solutions
May 01, 2025
Road Runner Sports Selects Modern POS Platform from Aptos
From Aptos
May 07, 2025
FlavorCloud State of Cross Border Report Highlights Tariff Trends, Growing Shipping Lanes, and…
From FlavorCloud
May 07, 2025
Editors' picks
  • A group of diverse professionals are brainstorming ideas while standing around a glass wall with sticky notes.
    Image attribution tooltip
    LaylaBird via Getty Images
    Image attribution tooltip
    Deep Dive

    DEI could get better than ever

    The intense pressure to end diversity initiatives has led companies to scrutinize their policies. Many will end up making them stronger.

    By Daphne Howland • Feb. 13, 2025
  • Shoppers walk by boarded-up windows in front of a brick, Old Navy building.
    Image attribution tooltip
    Justin Sullivan via Getty Images
    Image attribution tooltip

    What 5 charts say about the pandemic’s impact on retail, 5 years later

    The industry may be far from the dramatic day-to-day struggles of 2020, but it hasn’t yet escaped the long tail the global health crisis left in its wake.

    By Cara Salpini • March 3, 2025
Industry Dive is an Informa TechTarget business.
© 2025 TechTarget, Inc. or its subsidiaries. All rights reserved. | View our other publications | Privacy policy | Terms of use | Take down policy.
Cookie Preferences / Do Not Sell
This website is owned and operated by Informa TechTarget, part of a global network that informs, influences and connects the world's technology buyers and sellers. All copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. TechTarget, Inc.'s registered office is 275 Grove St. Newton, MA 02466.