UST/TCW Senior Mortgage Securities Fund
Date:
September 30, 2009
Deficit Impact:
-$0.02 billion This institution has provided funding through the PPIF program, providing private investment for toxic assets to be matched by public investment from the Treasury. Following an initial closing, each PPIF will have the opportunity for two more closings over the following six months to receive matching Treasury equity and debt financing.
Between January 12 and January 15, 2010, the UST/TCW Fund repayed $376.8 million of the total initial investment amount of $3.33 billion.
Source:
Notes:
Amount spent reflects the sum of the Treasury's match on each institution's membership interest and the Treasury's guarantee of all debt obligations under the program. Amount spent as of 9/28/2010. Deficit impact is total proceeds from distributions.