United States of America: The Federal Reserve allocates USD 14.2 million to purchase part of a loan granted to Captivate Llc
Announcement
07 Dec 2020
In December 2020, the Federal Reserve allocated USD 14.2 million to purchase part of a commercial loan granted to Captivate Llc the transaction was carried out under The Main Street Lending Program.
On 7 December 2020, the Federal Reserve ('the Fed') purchased 95% of a loan granted to Captivate Llc extended by Webster Bank National Association. The Fed's financial stake in this loan was USD 14.2 ...