Yesterday, Treasury released a completed transaction report disclosing that three financial institutions from 3 different states received a total of $40,269,000 under the Capital Purchase Program (CPP), bringing Treasury’s total investment in financial institutions under the CPP (net of repayments) to $197,571,217,000. The investments, two of which involved the issuance of subordinated debentures with exercised warrants to Subchapter S corporations, were completed on June 5, 2009.
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Treasury releases completed transaction report
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