Bailout Events for September 2012
See entire timeline of bailout events.
Date | Entity | Type | Amount | Program | Description |
---|---|---|---|---|---|
09/11/2012 | AIG | Refund | $17,999,999,973 | SSFI |
Partial Repayment
On 9/10/2012, Treasury executed an underwriting agreement to sell 553,846,153 shares of common stock at $32.50 per share for an aggregate amount equal to $17,999,999,973. Treasury's equity stake dropped to 22 percent with the sale.
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09/05/2012 | First Citizens Banc Corp | Warrant | $563,174 | CPP |
Warrant Proceeds
|
09/11/2012 | AIG | Refund | $2,699,999,965 | SSFI |
Partial Repayment
On 9/11/2012, the underwriters exercised their option to purchase an additional 83,076,922 shares of common stock from Treasury at the same purchase price resulting in additional proceeds of $2,699,999,965. With the sale, Treasury's percentage ownership of AIGâs outstanding shares of common stock will decline to approximately 15.9 percent.
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09/12/2012 | Indiana Community Bancorp | Refund | $21,500,000 | CPP |
Repayment
|
09/12/2012 | Indiana Community Bancorp | Warrant | $1,800,000 | CPP |
Warrant Proceeds
|
09/17/2012 | RLJ Western Asset Public/Private Master Fund, L.P. | Refund | $20,637,410 | PPIP |
Partial Repayment
|
09/12/2012 | Yadkin Valley Financial Corp | Refund | $31,843,080 | CPP |
Partial Repayment
On 9/18/2012, Treasury completed the sale of 36,000 shares of Yadkin Valley Financial Corporation Series T preferred stock at $884.82 per share (less underwriting discounts) for net proceeds of $31,843,080.00 plus accrued and unpaid dividends, pursuant to an underwriting agreement executed on 9/12/2012.
|
09/12/2012 | Yadkin Valley Financial Corp | Refund | $11,643,740 | CPP |
Partial Repayment
On 9/18/2012, Treasury completed the sale of 13,312 shares of Yadkin Valley Financial Corporation Series T-ACB preferred stock at $880.00 per share (less underwriting discounts) for net proceeds of $11,643,740.16 plus accrued and unpaid dividends, pursuant to an underwriting agreement executed on 9/12/2012.
|
09/12/2012 | WSFS Financial | Warrant | $1,800,000 | CPP |
Warrant Proceeds
|
09/12/2012 | F&M Financial Corporation | Refund | $15,988,500 | CPP |
Partial Repayment
On 9/20/2012, Treasury completed the sale of 17,000 shares of F&M Financial Corporation (NC) preferred stock at $950.00 per share (less a placement agent fee) for net proceeds of $15,988,500.00 and 850 shares of F&M Financial Corporation (NC) preferred stock received upon the exercise of warrants at $921.30 per share (less a placement agent fee) for net proceeds of $775,273.95, pursuant to a placement agency agreement executed on 9/12/2012.
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09/12/2012 | F&M Financial Corporation | Warrant | $775,274 | CPP |
Warrant Proceeds
|
09/12/2012 | F&M Financial Corporation (TN) | Refund | $13,443,074 | CPP |
Partial Repayment
On 9/21/2012, Treasury completed the sale of 17,243 shares of F&M Financial Corporation (TN) preferred stock at $787.50 per share (less a placement agent fee) for net proceeds of $13,443,073.87 and 862 shares of F&M Financial Corporation (TN) preferred stock received upon the exercise of warrants at $870.00 per share (less a placement agent fee) for net proceeds of $742,440.60, pursuant to a placement agency agreement executed on 9/12/2012.
|
09/12/2012 | F&M Financial Corporation (TN) | Warrant | $742,441 | CPP |
Warrant Proceeds
|
09/12/2012 | Alpine Banks of Colorado | Refund | $56,430,297 | CPP |
Partial Repayment
On 9/20/2012, Treasury completed the sale of 70,000 shares of Alpine Banks of Colorado preferred stock at $814.29 per share (less a placement agent fee) for net proceeds of $56,430,297.00 and 3,500 shares of Alpine Banks of Colorado preferred stock received upon the exercise of warrants at $950.00 per share (less a placement agent fee) for net proceeds of $3,291,750.00, pursuant to a placement agency agreement executed on 9/12/2012.
|
09/12/2012 | Alpine Banks of Colorado | Warrant | $3,291,750 | CPP |
Warrant Proceeds
|
09/12/2012 | BlackRidge Financial, Inc. | Refund | $2,750,000 | CPP |
Repayment
|
09/12/2012 | BlackRidge Financial, Inc. | Warrant | $250,000 | CPP |
Warrant Proceeds
|
09/12/2012 | First Community Financial Partners, Inc. | Refund | $14,211,450 | CPP |
Partial Repayment
On 9/21/2012, Treasury completed the sale of 22,000 shares of First Community Financial Partners, Inc. preferred stock at $652.50 per share (less a placement agent fee) for net proceeds of $14,211,450.00, pursuant to a placement agency agreement executed on 9/12/2012.
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09/12/2012 | AllianceBernstein Legacy Securities Master Fund, L.P. | Proceeds | $79,071,633 | PPIP |
Distribution
|
09/17/2012 | Wellington Management Legacy Securities PPIF Master Fund, LP | Refund | $152,499,238 | PPIP |
Partial Repayment
|
09/17/2012 | Wellington Management Legacy Securities PPIF Master Fund, LP | Refund | $305,000,000 | PPIP |
Partial Repayment
|
09/17/2012 | Blackrock PPIF, L.P. | Refund | $8,833,632 | PPIP |
Partial Repayment
|
09/17/2012 | Blackrock PPIF, L.P. | Refund | $1,667,352 | PPIP |
Partial Repayment
|
09/17/2012 | AG GECC PPIF Master Fund, L.P. | Refund | $124,999,375 | PPIP |
Partial Repayment
|
09/17/2012 | AG GECC PPIF Master Fund, L.P. | Refund | $250,000,000 | PPIP |
Partial Repayment
|
09/17/2012 | RLJ Western Asset Public/Private Master Fund, L.P. | Refund | $72,640,245 | PPIP |
Partial Repayment
|
09/17/2012 | Marathon Legacy Securities Public-Private Investment Partnership, L.P. | Refund | $74,499,628 | PPIP |
Partial Repayment
|
09/17/2012 | Marathon Legacy Securities Public-Private Investment Partnership, L.P. | Refund | $149,000,000 | PPIP |
Partial Repayment
|
09/17/2012 | Oaktree PPIP Fund, L.P. | Refund | $22,111,961 | PPIP |
Partial Repayment
|
09/17/2012 | Oaktree PPIP Fund, L.P. | Refund | $44,224,144 | PPIP |
Partial Repayment
|
09/19/2012 | Bank of North Carolina | Warrant | $939,920 | CPP |
Warrant Proceeds
|
09/19/2012 | Sterling Financial Corp | Warrant | $825,000 | CPP |
Warrant Proceeds
|
09/19/2012 | AllianceBernstein Legacy Securities Master Fund, L.P. | Proceeds | $106,300,357 | CPP |
Distribution
|
09/26/2012 | Zions Bancorp | Refund | $700,000,000 | CPP |
Repayment
|
09/21/2012 | RLJ Western Asset Public/Private Master Fund, L.P. | Refund | $161,866,170 | PPIP |
Partial Repayment
|
09/26/2012 | Central Federal Corp | Refund | $3,000,000 | CPP |
Partial Repayment
On 9/26/2012, Treasury completed the sale of all Central Federal Corporation preferred stock and the related warrant held by UST for an aggregate purchase price of $3,000,000, pursuant to the terms of the agreement entered into on 9/12/2012.
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09/26/2012 | TriState Capital Holdings | Refund | $23,000,000 | CPP |
Repayment
|
09/26/2012 | TriState Capital Holdings | Warrant | $1,150,000 | CPP |
Warrant Proceeds
|
09/26/2012 | Atlantic City Federal Credit Union | Refund | $2,500,000 | CPP |
Repayment
|
09/28/2012 | Invesco Legacy Securities Master Fund, L.P. | Proceeds | $18,772 | PPIP |
Distribution
|
09/28/2012 | Invesco Legacy Securities Master Fund, L.P. | Proceeds | $469 | PPIP |
Distribution
|
09/28/2012 | Blackrock PPIF, L.P. | Refund | $35,000,000 | PPIP |
Partial Repayment
|
09/28/2012 | RLJ Western Asset Public/Private Master Fund, L.P. | Refund | $180,999,095 | PPIP |
Partial Repayment
|
09/26/2012 | Atlantic City Federal Credit Union | Interest | $5,694 | CDCI |
Interest
|
09/20/2012 | Alpine Banks of Colorado | Dividend | $370,825 | CPP |
Dividend - Cumulative
|
09/12/2012 | BlackRidge Financial, Inc. | Dividend | $12,000 | CPP |
Dividend - Cumulative
|
09/20/2012 | F&M Financial Corporation | Dividend | $90,058 | CPP |
Dividend - Cumulative
|
09/21/2012 | F&M Financial Corporation (TN) | Dividend | $93,973 | CPP |
Dividend - Cumulative
|
09/21/2012 | First Community Financial Partners, Inc. | Dividend | $110,000 | CPP |
Dividend - Cumulative
|
09/12/2012 | Indiana Community Bancorp | Dividend | $80,625 | CPP |
Dividend - Cumulative
|
09/26/2012 | TriState Capital Holdings | Dividend | $142,760 | CPP |
Dividend - Cumulative
|
09/18/2012 | Yadkin Valley Financial Corp | Dividend | $225,849 | CPP |
Dividend - Cumulative
|
09/26/2012 | Zions Bancorp | Dividend | $3,986,111 | CPP |
Dividend - Cumulative
|
09/17/2012 | AG GECC PPIF Master Fund, L.P. | Interest | $1,800,072 | PPIP |
Interest
|
09/17/2012 | Blackrock PPIF, L.P. | Dividend | $160,046 | PPIP |
Distribution
|
09/17/2012 | Blackrock PPIF, L.P. | Interest | $1,002,809 | PPIP |
Interest
|
09/28/2012 | Blackrock PPIF, L.P. | Dividend | $13,055 | PPIP |
|
09/17/2012 | Marathon Legacy Securities Public-Private Investment Partnership, L.P. | Dividend | $1,114,818 | PPIP |
Distribution
|
09/17/2012 | Marathon Legacy Securities Public-Private Investment Partnership, L.P. | Interest | $1,111,160 | PPIP |
Interest
|
09/17/2012 | Oaktree PPIP Fund, L.P. | Dividend | $7,049,345 | PPIP |
Distribution
|
09/17/2012 | Oaktree PPIP Fund, L.P. | Interest | $1,116,106 | PPIP |
Interest
|
09/17/2012 | RLJ Western Asset Public/Private Master Fund, L.P. | Dividend | $4,990,800 | PPIP |
Distribution
|
09/17/2012 | RLJ Western Asset Public/Private Master Fund, L.P. | Interest | $213,689 | PPIP |
Interest
|
09/21/2012 | RLJ Western Asset Public/Private Master Fund, L.P. | Interest | $21,955 | PPIP |
Interest
|
09/17/2012 | Wellington Management Legacy Securities PPIF Master Fund, LP | Interest | $2,476,762 | PPIP |
Interest
|
09/30/2012 | Freddie Mac | Dividend | $1,809,000,000 | PSI |
Dividend Payment
|
09/30/2012 | Fannie Mae | Dividend | $2,929,000,000 | PSI |
Dividend Payment
|