COVID Stimulus Watch Individual Entry
Recipient Company:
Molson Coors Beverage Co
Loan or Loan Guarantee Amount:
$2,047,177
Recipient Details
Ownership Structure: publicly traded (ticker symbol NYSE: TAP)
Award Details
Award Date: Aug 10, 2020
Award Type: loan
Award Details: Amount represents the purchase price of company bonds bought by the Fed.
Program Name: Secondary Market Corporate Credit Facility
Legislation: CARES
Awarding Agency: Federal Reserve
Data Source for Award:
https://www.federalreserve.gov/publications/reports-to-congress-in-respo...
Parent Company Data
Parent Company: Molson Coors Brewing
Headquartered in: Colorado
Parent Sector: beverages
Parent Industry: beverages
Accountability Issues Since 2010
Employment-related Penalties: $38,844
Good Jobs First has no data in this category
Environmental / Healthcare / Safety Penalties: $825,137
Consumer Protection / Financial / Competition-related Penalties: $450,000
Good Jobs First has no data in this category
Total Federal, State, and Local Subsidies: $22,622,194
Federal Corporate Income Tax Rate: -1.7%
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