US Treasury to invest $25 million in The First Bancorp - MarketLine Financial Deals

US Treasury to invest $25 million in The First Bancorp

US Treasury to invest $25 million in The First Bancorp - MarketLine Financial Deals
US Treasury to invest $25 million in The First Bancorp
Published Dec 04, 2008
3 pages — Published Dec 04, 2008
Price US$ 45.00  |  Buy this Report Now

About This Report

  
Abstract:

The First Bancorp, Inc., a US-based bank holding company of The First, N.A., has received preliminary approval to participate in the United States Department of the Treasury's (US Treasury) Troubled Asset Relief Program (TARP) capital purchase program of the Emergency Economic Stabilization Act of 2008. Under the program, the US Treasury will invest up to $25 million in exchange for preferred stock of First Bancorp.

  
Source:
Document ID
MA00812_081208
Country
Ticker
Company
Format:
PDF Adobe Acrobat
Buy Now

MarketLine Financial Deals—MarketLine Financial Deals – Identifying and tracking major financial activity across our full scope of company and sector coverage, MarketLine Financial Deals covers mergers & acquisitions, private equity/venture capital backed buyouts, investments, and exits, IPOs and secondary and follow on offerings, and private placements and exits. Additional non-corporate financial deals including partnership agreements, joint ventures, co-development and research, licensing and co-marketing agreements are also available.

About the Author


Cite this Report

  
MLA:
MarketLine Financial Deals. "US Treasury to invest $25 million in The First Bancorp" Dec 04, 2008. Alacra Store. Dec 09, 2016. <http://www.alacrastore.com/storecontent/MarketLine-Financial-Deals/US-Treasury-to-invest-25-million-in-The-First-Bancorp-2052-747>
  
APA:
MarketLine Financial Deals. (2008). US Treasury to invest $25 million in The First Bancorp Dec 04, 2008. New York, NY: Alacra Store. Retrieved Dec 09, 2016 from <http://www.alacrastore.com/storecontent/MarketLine-Financial-Deals/US-Treasury-to-invest-25-million-in-The-First-Bancorp-2052-747>
  
US$ 45.00
$  £  
Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

More Research

Search all our MarketLine Financial Deals from one place.