Moody's Suggests AIG (AIG) Could Repay the U.S.
Get Alerts AIG Hot Sheet
Rating Summary:
16 Buy, 22 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 11 | Down: 13 | New: 20
Join SI Premium – FREE
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
You May Also Be Interested In
- Vox Royalty agrees to buy two Australian royalties for A$3.4M
- Ocean Power Technologies regains NYSE compliance after late 10-K filing
- Powerus wins $22.3M contract for counter-drone work in Middle East
Create E-mail Alert Related Categories
Analyst Comments, Insiders' Blog, Rumors, Trader TalkSign 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!



Tweet
Share