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NOT A SUBSCRIBER?AIG unit to sell mortgage-backed paperPosted on July 15, 2009 1:40 PM
An American International Group Inc. unit has agreed to sell a portfolio of mortgage-backed certificates to Credit Suisse (USA) Inc. for between $925 million and $975 million.
In a Tuesday filing to the U.S. Securities and Exchange Commission, American General Finance Corp. said that it and three units agreed to the sale on July 8 and is expected to close the deal on July 30. 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.
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