Sterling Financial Corp
Spokane,
Wash. |
See all recipients in
Washington
$303M
Disbursed
$113M
Returned
$8.42M
Revenue to Gov't
$181M
Net Outstanding
This investment resulted in a loss to taxpayers.
| Date | Type | Amount | Program | Description |
|---|---|---|---|---|
| 04/19/2013 | Proceeds | $860,796 | CPP |
Proceeds - Common Stock
|
| 09/19/2012 | Warrant | $825,000 | CPP |
Warrant Proceeds
|
| 08/14/2012 | Refund | $113,338,081 | CPP |
Partial Repayment
On 8/20/2012, Treasury completed the sale of 5,738,637 split adjusted shares of Sterling Financial Corporation common stock at $20.00 per share (less underwriting discounts) for net proceeds of $113,338,080.75, pursuant to an underwriting agreement executed on 8/14/2012.
|
| 05/31/2009 | Dividend | $6,733,333 | CPP |
Dividends Paid Through 5/31/2009
This amount reflects the sum of dividends paid up to 5/31/2009
|
| 12/05/2008 | Purchase | $303,000,000 | CPP |
Purchase - Preferred Stock w/ Warrants
|