The American International Group (AIG) has raised $2 billion through a two-part sale of notes, Reuters reports. The first tranche of $1.2 billion notes, with a coupon rate of 4.25 percent, will mature on Sept. 15, 2014.
The second tranche of $800 million notes, carrying a coupon rate of 4.875 percent, will mature on Sept. 15, 2016. Citigroup, Credit Suisse, Morgan Stanley and U.S. Bancorp were joint bookrunners for the offering.
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