Form 8-K RADIOSHACK CORP For: Jan 30

Go back to Form 8-K RADIOSHACK CORP For: Jan 30

RadioShack (RSH) Receives Second Notice of Default Under SCP Credit Agreement

February 2, 2015 5:17 PM EST

As previously disclosed on Form 8-K filed on December 2, 2014, on December 1, 2014, RadioShack Corporation (NYSE: RSH)(the Company) received a notice of default and acceleration (the First Notice of Default) from the SCP Agent (defined below) asserting that certain events of default had occurred and were continuing under the Credit Agreement, dated as of December 10, 2013 (the SCP Credit Agreement), among the Company, certain subsidiaries of the Company that are designated as credit parties, the lenders party thereto (the SCP Lenders) and Salus Capital Partners, LLC, as agent for the SCP Lenders (in such capacity, the SCP Agent). In addition to... More