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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Events
-
$995K Revenue
Feb. 20, 2013 Warrant Proceeds
Part of Capital Purchase ProgramMore info from www.treasury.gov -
$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.
Part of Capital Purchase ProgramMore info from www.treasury.gov -
$156K Revenue
Aug. 14, 2009 Dividends Paid in Aug. 2009
Part of Capital Purchase Program -
$21M Bailout
Jun. 26, 2009 Preferred Stock w/ Exercised Warrants
Part of Capital Purchase ProgramMore info from www.financialstability.gov
| 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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