COVID Stimulus Watch Individual Entry
Recipient Company:
Praxair Inc
Loan or Loan Guarantee Amount:
$1,094,176
Recipient Details
Ownership Structure: publicly traded (ticker symbol NYSE: LIN)
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: Linde
Headquartered in: United Kingdom
Parent Sector: industrial services
Parent Industry: industrial gas
Employees (prior to pandemic): 79,886
Accountability Issues Since 2010
Employment-related Penalties: $96,711
Government-contracting-related Penalties: $27,546,472
Environmental / Healthcare / Safety Penalties: $2,287,303
Consumer Protection / Financial / Competition-related Penalties: $11,494,800
Ratio of CEO Pay to that of Median Worker: 520 to 1
CEO Compensation: $22,475,878
Worker Median Pay: $43,216
Total Federal, State, and Local Subsidies: $287,452,905
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