Alliance Financial Services
Saint Paul,
Minn. |
See all recipients in
Minnesota
$12M
Disbursed
$8.91M
Returned
$894K
Revenue to Gov't
$2.19M
Net Outstanding
This investment resulted in a loss to taxpayers.
| Date | Type | Amount | Program | Description |
|---|---|---|---|---|
| 02/07/2013 | Refund | $8,912,495 | CPP |
Partial Repayment
On 2/7/2013, Treasury completed the sale of its Alliance Financial Services, Inc. subordinated debentures (less a placement agent fee) for net proceeds of $8,912,494.80 and its Alliance Financial Services, Inc. subordinated debentures received upon the exercise of warrants (less a placement agent fee) for net proceeds of $504,900.00, pursuant to a placement agency agreement executed on 12/11/2012.
|
| 02/07/2013 | Warrant | $504,900 | CPP |
Warrant Proceeds
|
| 11/16/2009 | Interest | $388,742 | CPP |
Interest Payment
|
| 06/26/2009 | Purchase | $12,000,000 | CPP |
Subordinated Debentures w/ Exercised Warrants
|