Coffee Break / First Tenn. Repays U.S. Taxpayers
The Commercial Appeal (2007-Current) › December 23, 2010
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Summary
First Horizon National Corp., parent of First Tennessee Bank, announced Wednesday it has repaid the federal government, buying back $867 million of TARP - Troubled Asset Relief Program - preferred stock.
The repayment follows the company's successful completion of stock and debt offerings that raised $750 million.See the full content of this document
Extract
Coffee Break / First Tenn. Repays U.S. Taxpayers
"The team at First Horizon has taken significant actions over the past three years to positively transform our company, and toda...
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