Bloomberg News

U.S. Treasury Announces Pricing of Shares in Six TARP Banks

March 29, 2012

The U.S. Treasury Department today announced the pricing of public offerings of preferred stock in six banks it invested in during the financial crisis through the Troubled Asset Relief Program. The Treasury said it expects approximately $362 million in aggregate net proceeds.

The pricing is as follows, as provided by the Treasury in a statement:

To contact the reporters on this story: Cheyenne Hopkins at Chopkins19@bloomberg.net

To contact the editor responsible for this story: Christopher Wellisz at cwellisz@bloomberg.net


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