RadioShack (RSH) to Place $300M of Senior Notes in Private Offering
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RadioShack Corp. (NYSE: RSH) reports a $300 million Senior Note private offering.
The Notes are due 2019.
The notes will bear interest at a rate to be determined by negotiations between RadioShack and the initial purchasers, and will be guaranteed on a senior basis by certain of RadioShack's existing and future subsidiaries.
Net proceeds will be used for general corporate purposes, which may include the funding of share repurchase programs.
The Notes are due 2019.
The notes will bear interest at a rate to be determined by negotiations between RadioShack and the initial purchasers, and will be guaranteed on a senior basis by certain of RadioShack's existing and future subsidiaries.
Net proceeds will be used for general corporate purposes, which may include the funding of share repurchase programs.
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