19.03.2015, 10:54
Fitch Withdraws Ratings on RadioShack
OREANDA-NEWS. Fitch Ratings has affirmed and withdrawn the 'D' Long-term Issuer Default Rating (IDR) on RadioShack Corporation (RadioShack). Fitch has also affirmed and withdrawn the 'CCC-/RR2' rating on RadioShack's \$250 million secured term loan and the 'C/RR6' rating on the company's senior unsecured notes.
These actions follow RadioShack's Chapter 11 filing on Feb. 5, 2015. Accordingly, Fitch will no longer provide ratings or analytical coverage for RadioShack.
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