RadioShack in $350 Million Debt Tender Offer and Consent Solicitation

Cleary Gottlieb represented a group of dealer managers and solicitation agents led by Citigroup Global Markets, Inc., Banc of America Securities LLC and Wells Fargo Securities, LLC in RadioShack Corporation’s cash tender offer and concurrent consent solicitation relating to its 7 3/8% Notes due 2011.

The tender offer and consent solicitation launched August 28 and expired on September 28. Approximately $43.2 million in aggregate principal amount of notes were tendered in the tender offer.

RadioShack is primarily engaged in the retail sale of consumer electronics goods and services through its RadioShack store chain and non-RadioShack branded kiosk operations. It has approximately 4,450 company-operated stores, almost 1,400 dealer outlets, nearly 600 wireless phone kiosks throughout the United States and approximately 200 company-operated stores in Mexico.