US government stumps up for AIG — yes $152.5bn
The US Treasury is restructuring its bail-out of AIG, the troubled insurer, and providing it with up to $152.5bn, up from the original $85bn credit facility, and an additional $37.8bn on October 8.
While the $85bn emergency bridge loan was essential to prevent a bankruptcy, the new arrangement ...Please take a trial or subscribe to access this content.
Contact our subscriptions team to discuss your access: subs@globalcapital.com
Or sign up for a trial to gain full access to the entire site for a limited period.
Corporate access
To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.
