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FC Holdings

Houston, Texas | See all recipients in Texas

This investment resulted in a loss to taxpayers. See below for details.

$21M Disbursed
$18.7M Returned
$1.15M Revenue to Gov't
$1.21M Net Outstanding
$21M Committed
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  • Our frequently updated database tracks every dollar. In the scorecard, we provide a summary generated from the latest numbers.

Events

  • $995K Revenue

    Feb. 20, 2013 Warrant Proceeds

  • $18.7M Payback

    Feb. 20, 2013 Partial Repayment

    On 2/20/2013, Treasury completed the sale of 21,042 shares of FC Holdings, Inc. preferred stock at $897.00 per share (less a placement agent fee) for net proceeds of $18,685,927.26 and 1,052 shares of FC Holdings, Inc. preferred stock received upon the exercise of warrants at $955.00 per share (less a placement agent fee) for net proceeds of $994,613.40, pursuant to a placement agency agreement executed on 2/6/2013.

    More info from www.treasury.gov

  • $156K Revenue

    Aug. 14, 2009 Dividends Paid in Aug. 2009

  • $21M Bailout

    Jun. 26, 2009 Preferred Stock w/ Exercised Warrants

Date Type Amount Program Description
02/20/2013 Refund $18,685,927 CPP Partial Repayment
02/20/2013 Warrant $994,613 CPP Warrant Proceeds
08/14/2009 Dividend $156,090 CPP Dividends Paid in Aug. 2009
06/26/2009 Purchase $21,042,000 CPP Preferred Stock w/ Exercised Warrants

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