COVID Stimulus Watch Individual Entry
Recipient Company:
Western Union Co/The
Loan or Loan Guarantee Amount:
$1,063,901
Recipient Details
Ownership Structure: publicly traded (ticker symbol WU)
Award Details
Award Date: Oct 9, 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: Western Union
Headquartered in: Colorado
Parent Sector: financial services
Parent Industry: financial services
Employees (prior to pandemic): 11,500
Accountability Issues Since 2010
Good Jobs First has no data in this category
Good Jobs First has no data in this category
Environmental / Healthcare / Safety Penalties: $11,000
Consumer Protection / Financial / Competition-related Penalties: $783,811,697
Ratio of CEO Pay to that of Median Worker: 316 to 1
CEO Compensation: $10,099,500
Worker Median Pay: $31,966
Total Federal, State, and Local Subsidies: $143,761
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