Central Pacific Financial Corp
This investment resulted in a loss to taxpayers. See below for details.
|$2.36M Revenue to Gov't|
|$60.7M Net Outstanding|
Find bailouts in your state:
- Our frequently updated database tracks every dollar. In the scorecard, we provide a summary generated from the latest numbers.
Mar. 29, 2012 Partial Repayment
On 4/4/2012, Treasury completed the sale of all of Treasuryâ€™s remaining 2,770,117 shares of Central Pacific Financial Corp. common stock at $13.01 per share (which represents the $13.15 public offering price less underwriting discounts) for net proceeds of $36,039,222.17, pursuant to an underwriting agreement executed on 03/29/2012.More info from www.treasury.gov
Jun. 22, 2011 Partial Repayment
On 2/18/11, Treasury completed the exchange of its $135,000,000 of Preferred Stock (including accrued and unpaid dividends thereon) in Central Pacific Financial Corp.for not less than 5,620,117 shares of common stock, pursuant to an exchange agreement dated 2/17/2011. On 06/22/2011, Treasury completed the sale of 2,850,000 shares of common stock at $12.590625 per share (which represents the $12.75 public offering price less underwriting discounts) for net proceeds of $35,883,281.25 pursuant to an underwriting agreement executed on 06/17/2011.More info from www.treasury.gov
May 31, 2009 Dividends Paid Through 5/31/2009
This amount reflects the sum of dividends paid up to 5/31/2009
Jan. 9, 2009 Purchase - Preferred Stock w/ Warrants
|05/31/2009||Dividend||$2,362,500||CPP||Dividends Paid Through 5/31/2009|
|01/09/2009||Purchase||$135,000,000||CPP||Purchase - Preferred Stock w/ Warrants|