American International Group, Inc. (AIG) is a global insurance and investment management company offering a wide range of insurance products and services to individuals and businesses worldwide.
This financial article provides a comprehensive overview of a specific debt instrument issued by American International Group Inc (AIG), a globally recognized financial services and insurance corporation based in the United States, presenting details on an investment-grade bond identified by ISIN US026874CW57 and CUSIP 026874CW5, which is currently quoted at 100% of its par value in USD. This obligation, part of a total issue size amounting to $177,025,000, offers an annual interest rate of 6.82%, with interest payments made semi-annually, and matures on November 14, 2037, with a minimum purchase size of $150,000; its credit quality is affirmed by a 'BBB+' rating from Standard & Poor's and a 'Baa1' rating from Moody's, both reflecting its standing as an investment-grade security.
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