AIG Confirms Proceeds from Maiden Lane III Auctions Fully Repaid $5.0B Loan, with Interest, Made by AIG in 2008
American International Group, Inc. (NYSE: AIG) confirmed today the company has been fully repaid for the $5.0 billion loan it extended to Maiden Lane III LLC (ML III) in 2008. The repayment comes from proceeds from completed auctions by the Federal Reserve Bank of New York (the FRBNY) of certain ML III assets.
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