Jones Day is advising RadioShack Corporation in connection with its refinancing involving Standard General LP and certain other investors of RadioShack's senior secured asset based credit facility convertible into a majority of RadioShack's stock. In connection with the transaction, Standard General and other investors are providing $120 million to be used to cash collateralize letters of credit for RadioShack. The $120 million investment is expected to be converted into equity securities representing (together with related fees payable in equity securities) not less than 50+ percent of RadioShack's outstanding equity securities upon satisfaction of certain conditions.