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Description
On 18 December 2020, the Federal Reserve ('the Fed') purchased 95% of a loan granted to Cinch Energy Services Llc extended by Spirit of Texas Bank SSB. The Fed's financial stake in this loan was USD 2...
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Intervention Details
Intervention Type
Debt purchase
MAST Chapter
L: Subsidies (excl. export subsidies)
Implementation date
18 Dec 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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