First Security Group
Chattanooga,
Tenn. |
See all recipients in
Tennessee
$33M
Disbursed
$14.9M
Returned
$1.4M
Revenue to Gov't
$16.7M
Net Outstanding
This investment resulted in a loss to taxpayers.
| Date | Type | Amount | Program | Description |
|---|---|---|---|---|
| 04/11/2013 | Refund | $14,912,862 | CPP |
Partial Repayment
On 4/11/2013, Treasury completed the exchange of its First Security Group, Inc. (FSGI) preferred stock for common stock, pursuant to an exchange agreement, dated as of 2/25/2013, between Treasury and FSGI, and sold the resulting FSGI common stock, pursuant to securities purchase agreements, each dated as of 4/9/2013.
|
| 11/16/2009 | Dividend | $412,500 | CPP |
Dividends payment
|
| 08/17/2009 | Dividend | $412,500 | CPP |
Dividends Paid in Aug. 2009
|
| 05/31/2009 | Dividend | $577,500 | CPP |
Dividends Paid Through 5/31/2009
This amount reflects the sum of dividends paid up to 5/31/2009
|
| 01/09/2009 | Purchase | $33,000,000 | CPP |
Purchase - Preferred Stock w/ Warrants
|