Metropolitan Bank Group
Chicago,
Ill. |
See all recipients in
Illinois
$74.7M
Disbursed
$23.7M
Returned
$3.45M
Revenue to Gov't
$47.5M
Net Outstanding
This investment resulted in a loss to taxpayers.
| Date | Type | Amount | Program | Description |
|---|---|---|---|---|
| 06/28/2013 | Refund | $23,718,542 | CPP |
Partial Repayment
On 6/28/2013, Treasury completed the sale to MBG Investors I, L.P. of all preferred stock (including the preferred stock received upon the exercise of warrants) issued by Metropolitan Bank Group, Inc. to Treasury for an aggregate purchase price of $26,000,000.00, pursuant to the terms of the agreement among Treasury, MBG Investors I, L.P. and Metropolitan Bank Group, Inc. entered into on 6/26/2013.
|
| 05/17/2010 | Dividend | $974,535 | CPP |
Dividends payment
|
| 02/16/2010 | Dividend | $974,535 | CPP |
Dividends payment
|
| 11/16/2009 | Dividend | $974,535 | CPP |
Dividends payment
|
| 08/17/2009 | Dividend | $530,580 | CPP |
Dividends Paid in Aug. 2009
|
| 06/26/2009 | Purchase | $74,706,000 | CPP |
Preferred Stock w/ Exercised Warrants
|