Moody's Suggests AIG (AIG) Could Repay the U.S.
More News related to AIG
- AIG's (AIG) Benmosche Reaffirms Commitment; Signs Non-Compete
- American International Group (AIG) Implementing Benmosche's Compensation Agreement
- AIG Implements Robert H. Benmosche's Compensation Agreement
- Beacon's Fixed Annuity Premium Study Reports Third Quarter's Fixed Annuity Sales
- Audit Finds Fed Failed To Use Its Leverage in AIG Bailout
More News related to Analyst Comments
- Wunderlich Securities Downgrades Gran Tierra Energy (GTE) to Hold
- Stephens Downgrades Benihana (BNHN) to Equalweight
- UBS Downgrades NRG Energy (NRG) to Neutral; Cuts Target to $26
- Citi Cuts Lukoil (LUKOY) to Hold
- RBC Upgrades Diamond Rock (DRH) to Outperform, Downgrades Hospitality Properties (HPT) to Sector Perform
In a report out today on AIG (NYSE: AIG), following the bailed-out insurers third quarter results, credit rating agency Moody's suggested that if markets continue to stabilize the company may be able to fully repay the government's senior secured loan and much or all of its preferred equity stake.
While Moody's is making this surprising revelation, they warn that a material decline in the realizable values of AIG's assets could reduce the government's incentive to support other creditor.
Moody's is maintaining their current ratings and outlook on AIG, but said the ratings could be lowered if they perceive a decline in realizable values.
Real-Time Market Moving News Two-Weeks FREE http://www.streetinsider.com/premium_content.php
Related Categories
Analyst CommentsInsiders' Blog
Rumors
Trader Talk
Stocks Mentioned
-0.51Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
