AIG to pay back $25B (Dealscape

American International Group Inc. Thursday announced an agreement with the Federal Reserve Bank of New York that will reduce the insurer's debt to taxpayers by $25 billion and pave the way for the initial public offerings of two international units.

The embattled insurer said last month that it would "accelerate" its efforts to spin off American International Assurance Co. Ltd. through a public offering on an Asian exchange as part of its efforts to repay the government for more than $170 billion in rescue funding. AIG is also listing American Life Insurance Co., or Alico.

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348 in-depth reports of Bankruptcies in the Financial Services sector
164 articles related to the Federal Reserve Bank of New York
84 in-depth transaction records for American International Group
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NOT A SUBSCRIBER? AIG to pay back $25B Posted on June 25, 2009 1:57 PM American International Group Inc. Thursday announced an agreement with the Federal Reserve Bank of New York that will reduce the insurer's debt to taxpayers by $25 billion and pave the way for the initial public offerings of two international units. The embattled insurer said last month that it would "accelerate" its efforts to spin off American International Assurance Co. Ltd. through a public offering on an Asian exchange as part of its efforts to repay the government for more than $170 billion in rescue funding. AIG is also listing American Life Insurance Co., or Alico. This is a free content preview. Subscribers enjoy access to all stories in full as well as second-to-none market intelligence. Dig deeper, with Pipeline. 348 in-depth reports of Bankruptcies in the Financial Services sector 164 articles related to the Federal Reserve Bank of New York 84 in-depth transaction records for American International Group 14 company pages related to American International Group 10 years of news and analysis archives from the voice of The Deal Economy Most searched keywords Deutsche Bank Skadden Arps Pinnacle Foods Concho Resources Agrium Inc. Birds Eye Cantor Fitzgerald Credit Suisse Windstream Corp. Goldman Sachs		EXISTING USERS Username Password Forget your password? Missing a product?

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