United States of America: The Federal Reserve allocates USD 14.8 million to purchase part of a loan granted to White Claw Crude Llc
Announcement
03 Dec 2020
In December 2020, the Federal Reserve allocated USD 14.8 million to purchase part of a commercial loan granted to White Claw Crude Llc the transaction was carried out under The Main Street Lending Program.
On 3 December 2020, the Federal Reserve ('the Fed') purchased 95% of a loan granted to White Claw Crude Llc extended by B1BANK. The Fed's financial stake in this loan was USD 14.8 million. The transac...