RadioShack Creditors Said to Include Harbinger’s Insurer F&G
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Fidelity & Guaranty Life, the insurer backed by Harbinger Group Inc., helped finance RadioShack Corp. in a December 2013 loan that forestalled the retailer’s bankruptcy.
F&G participated in a $250 million loan that another Harbinger unit, Salus Capital Partners LLC, arranged for RadioShack, according to two people with knowledge of the funding who asked not to be identified because the deal was private. The insurer has a $50 million investment in RadioShack, Des Moines, Iowa-based F&G said by e-mail Tuesday.