First Security Group

Chattanooga, Tenn. | See all recipients in Tennessee
Revenue to Gov't
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
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