Fitch Rates RadioShack’s Credit Facility ‘BBB-’; Outlook Stable
Wednesday, January 12th, 2011Balancing Life and Work Stress Free…it Can be a Reality
Women tend to put themselves at the bottom of their ‘to do’ lists, but it shouldn’t be that way. Here’s how to make 20110 a less stressful and more productive year.
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Jailed for submitting fake payslips to bank
A BANK officer suspected that a payslip submitted by a credit card applicant was not the real McCoy and checked with the employer. True enough, the salary had been inflated to meet the $60,000 annual income requirement set by Standard Chartered Bank (SCB). Investigations revealed that a whole team at telemarketing firm Touch & Tech was behind it, and on Monday, a direct sales agent and an …
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Fitch Rates RadioShack’s Credit Facility ‘BBB-’; Outlook Stable
CHICAGO–(BUSINESS WIRE)–Fitch has rated RadioShack Corporation’s (RadioShack) new $450 million senior secured asset-based revolving credit facility (ABL facility) at ‘BBB-’, two notches above the company’s Issuer Default Rating (IDR) of ‘BB’. Fitch has also affirmed RadioShack’s IDR and unsecured notes at ‘BB’. The Rating Outlook is Stable. RadioShack had $678 million in debt outstanding at …
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