Moody's holds AIG's credit ratings constant
Moody's held AIG's credit ratings constant following an announcement by the Federal Reserve Board th...
Moody's held AIG's credit ratings constant following an announcement by the Federal Reserve Board that the US government would extend an $85bn (£47.7bn) bail-out package to the insurance giant. AIG's senior unsecured debt rating will remain at 'A2', although its Prime-1 short-term rating will be under review. This announcement followed a prior downgrade from 'Aa3' on the 15 September.
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