Comment on Banks Line Up to Offer AIG Credit

Banks Line Up to Offer AIG Credit

NEW YORK (TheStreet) -- Over 30 banks have signed a multi-billion dollar credit facility agreement with American International Group less than two weeks after the insurer set out plans to exit a government bailout. The insurer entered into two, $1.5 billion credit facilities on Monday. The first is a three year facility and the other is for one year.

 

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