Reuters logo
US Treasury to net $2.97 mln on First Financial warrants
June 3, 2010 / 12:33 PM / 7 years ago

US Treasury to net $2.97 mln on First Financial warrants

WASHINGTON, June 3 (Reuters) - The U.S. Treasury Department said on Thursday that it will take in net proceeds of about $2.97 million from the sale of warrants in First Financial Bancorp (FFBC.O) that were priced at $6.70 each.

The sale of 465,117 warrants is expected to close on or about June 8, Treasury said in a statement, providing U.S. taxpayers with an additional return on the government’s preferred stock investment in the bank, which was previously repaid. (Reporting by Glenn Somerville; Editing by Neil Stempleman)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below