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US Treasury: First Horizon, 1st Source Repurchase Warrants Issued Under TARP

WASHINGTON -(Dow Jones)- First Horizon National Corp. (FHN) and 1st Source Corp. (SRCE) on Wednesday repurchased warrants they received under the Treasury Department's Troubled Asset Relief Program, delivering $83.5 million to federal coffers. First Horizon, based in Memphis, Tenn., repurchased 14.84 million warrants to purchase common stock at a strike price of $8.76 for $79.7 million in proceeds, Treasury said. 1st Source, of South Bend, Ind., repurchased 837,947 warrants at a strike price of $19.87 for $3.75 million in proceeds, Treasury said. TARP repayments now total $287 billion of the $411 billion disbursed under the program, Treasury said. -By Jeffrey Sparshott; Dow Jones Newswires; 202-862-9291; jeffrey.sparshott@dowjones.com

Stock News for First Horizon (FHN)
DateTimeHeadline
02/27/201418:08:37First Horizon Reaches Settlement With Freddie Mac
11/15/201309:03:09Chilton Investment Co. 3Q 13F: Holdings As Of Sep -2-
11/15/201309:03:09Chilton Investment Co. 3Q 13F: Holdings As Of Sep 30
11/15/201309:03:09Chilton Investment Co. 3Q 13F: Largest Sales
11/15/201307:11:09AQR Capital Management 3Q 13F: Largest Purchases
11/15/201307:11:09AQR Capital Management 3Q 13F: Largest Purchases -2-
06/14/201318:14:46Zoetis to Replace First Horizon in S&P 500
12/28/201213:10:02Tech Glitch Prompted Biggest 2010 Discount Window Loan
12/28/201212:53:35Technology Glitch Prompted Biggest 4th Quarter 2010 Discount...
12/14/201209:22:59U.S. HOT STOCK FUTURES: HOT STOCKS TO WATCH
07/25/201215:27:11Regional Bank Investors Worry New Capital Rules Will Curtail...
01/20/201208:50:53US STOCK FUTURES: HOT STOCKS TO WATCH
07/15/201107:58:10First Horizon 2Q Profit Soars But Revenue Slumps On Loan Decline
06/29/201114:39:11Bank Of America Settlement Viewed As Blueprint For More Pacts
03/09/201116:29:56US Treasury: First Horizon, 1st Source Repurchase Warrants Issued...
01/21/201119:15:09Southern Banks Post Mixed Results; Continuing Financial Woes
01/21/201107:55:19First Horizon 4Q Loss Narrows As Loan-Loss Provision Falls
12/22/201016:32:12US Treasury Announces Six Cos Repay TARP Funds
12/16/201009:34:18First Horizon Unveils Terms Of Boosted $500 Million Debt Sale
11/01/201016:07:14MARKET SNAPSHOT: U.S. Stocks Turn Negative On Financial Jitters

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