American International Group Inc. recently offered about $519 million in asset- backed securities, supported by insurance premiums from its commercial policyholders, market sources said.
Salomon Smith Barney headed the deal’s syndicate group that included ABN- AMRO, Banc of America Securities LLC and Banc One Capital Markets, the sources said.
Topics Mergers & Acquisitions AIG
Was this article valuable?
Here are more articles you may enjoy.
CFC Owners Said to Tap Banks for Sale, IPO of £5 Billion Insurer 
Experian Launches Insurance Marketplace App on ChatGPT 
Florida Engineers: Winds Under 110 mph Simply Do Not Damage Concrete Tiles 
State Farm Adjuster’s Opinion Does Not Override Policy Exclusion in MS Sewage Backup 
