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Description
On 19 October 2020, the Federal Reserve ('the Fed') purchased 95% of a loan granted to TravelPASS Group Llc extended by First Utah Bank. The Fed's financial stake in this loan was USD 13.8 million. Th...
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Intervention Details
Intervention Type
Debt purchase
MAST Chapter
L: Subsidies (excl. export subsidies)
Implementation date
19 Oct 2020
Revocation date
No revocation date
Implementation level
National
Affected flow
Inward
Announced as temporary
No
Eligible firms
firm-specific
Affected Trading Partners
Table
Affected Sectors
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Affected Products
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