United States of America: The Federal Reserve allocates USD 28.5 million to purchase part of a loan granted to Super C Group Llc
Announcement
23 Nov 2020
In November 2020, the Federal Reserve allocated USD 28.5 million to purchase part of a commercial loan granted to Super C Group Llc the transaction was carried out under The Main Street Lending Program.
On 23 November 2020, the Federal Reserve ('the Fed') purchased 95% of a loan granted to Super C Group Llc extended by Keybank National Association. The Fed's financial stake in this loan was USD 28.5 ...