FirstCity Liquidating Trust (FCFCL) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : FirstCity Liquidating Trust (FCFCL)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: leigh aulper who wrote ()	7/17/1998 2:13:00 PM
From: leigh aulper	of 16

FirstCity Liquidating Trust Announces Second Quarter Results HOUSTON--(BUSINESS WIRE)--July 17, 1998---FirstCity Liquidating Trust announced today the net asset value of the Trust as reflected in the value of Class B Certificates at June 30, 1998 was $69.9 million as compared to $97.1 million as of March 31, 1998. The quarter-to-quarter change primarily reflects a $28.3 million cash distribution to Class B Certificate holders made on April 15, 1998. Also, subsequent to the June 30, 1998 valuation, an additional cash distribution of $17.2 million was made to Class B Certificate holders on July 15, 1998. This distribution effectively brings the valuation down to $52.7 million as of the July 15, 1998 date. The Trust reconfirmed that its value for the Class C Certificates was zero and that it was extremely unlikely that the Class C Certificates would ever have any value.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next