Market Overview

AIG Announces Close of Treasury's $7.6B Offering of Stock

Related AIG
AIG to Redeem Notes Due 2015 - Analyst Blog
Moody's Ups View on MetLife's Long-Term Debt - Analyst Blog
MetLife To Pay $60M for Licensing Violations (Fox Business)

American International Group, Inc. (NYSE: AIG) announced today the completion of an offering of approximately 234.2 million shares of AIG common stock by the U.S. Department of the Treasury (Treasury). Treasury received proceeds of approximately $7.6 billion from the sale. The sale of these shares – the last of Treasury's remaining shares of AIG – marks the full resolution of America's financial support of AIG.

Posted-In: News Offerings

 

Most Popular

Related Articles (AIG)

Around the Web, We're Loving...

Partner Network

Get Benzinga's News Delivered Free