FC Holdings

Houston, Texas | See all recipients in Texas
$21M
Disbursed
$18.7M
Returned
$1.15M
Revenue to Gov't
$1.21M
Net Outstanding

This investment resulted in a loss to taxpayers.

Date Type Amount Program Description
02/20/2013 Refund $18,685,927 CPP
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.
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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