tag:blogger.com,1999:blog-1527840491496268397.post2777273885837371204..comments2024-03-08T11:20:30.095-07:00Comments on Credit Bubble Stocks: Standard General Files Radio Shack Schedule 13D $RSHUnknownnoreply@blogger.comBlogger5125tag:blogger.com,1999:blog-1527840491496268397.post-26202796162169835012014-10-04T09:17:35.531-07:002014-10-04T09:17:35.531-07:00SG might be low balling Salus + Cerberus and thre...SG might be low balling Salus + Cerberus and threating chpt 11 if they do not go along with the plan.<br /><br />From the PR: $RSH is in "discussions with our term lenders, led by Salus Capital, toward additional steps to recapitalize RadioShack."<br /><br />The willingness to restructure the second-lien term loan might hinge on whether suppliers modify contracts, a rights offering can be carried out before a potential ABL refinancing by the end of Q1 2015, all while freeing up liquidity to try to curtail cash burn in 2015 and 2016.<br /><br />It seems to me that all of the above will be a stretch and $RSH won't complete a restructuring out of court.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1527840491496268397.post-18338068503080362202014-10-03T08:42:51.336-07:002014-10-03T08:42:51.336-07:00Wouldn't Salus and others have to approve the ...Wouldn't Salus and others have to approve the plan? Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1527840491496268397.post-92119433659820182922014-10-03T06:38:59.801-07:002014-10-03T06:38:59.801-07:00Bonds trading higher on the news..Bonds trading higher on the news..Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1527840491496268397.post-90364696271193103092014-10-03T05:22:13.119-07:002014-10-03T05:22:13.119-07:00SG likely sold cds on rsh bonds to fund a revival....SG likely sold cds on rsh bonds to fund a revival.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1527840491496268397.post-7086640983000896442014-10-02T22:30:15.020-07:002014-10-02T22:30:15.020-07:00Sounds they like got the money.
http://www.reuter...Sounds they like got the money.<br /><br />http://www.reuters.com/article/2014/10/03/us-radioshack-standardgeneral-idUSKCN0HS08P20141003?feedType=RSS&feedName=businessNewsAnonymousnoreply@blogger.com