United States of America: The Federal Reserve allocates USD 18.1 million to purchase part of a loan granted to Tivoli Enterprises Inc
Announcement
18 Dec 2020
In December 2020, the Federal Reserve allocated USD 18.1 million to purchase part of a commercial loan granted to Tivoli Enterprises Inc the transaction was carried out under The Main Street Lending Program.
On 18 December 2020, the Federal Reserve ('the Fed') purchased 95% of a loan granted to Tivoli Enterprises Inc extended by Signature Bank. The Fed's financial stake in this loan was USD 18.1 million. ...