Into the overall economy, the government’s complete assistance to own AIG totaled up to $182 million

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AIG Program Condition

One integrated nearly $70 billion you to Treasury the time through TARP and you can $112 million the full time by the Government Put aside Lender of brand new York (FRBNY).

Into the , Treasury ended up selling their remaining 234,169,156 offers from AIG well-known inventory in the an enthusiastic underwritten personal offering to have aggregate continues of approximately $eight.six million.

Providing impact to that particular marketing, Delaware personal loans the entire confident return into the Federal Set-aside and Treasury’s shared $182 billion commitment to balance out AIG in overall economy is actually today $twenty-two.eight million, that have Treasury realizing a confident return from $5.0 million while the Federal Put aside realizing an optimistic get back regarding $17.7 million.

As part of their full $5.0 billion positive come back to time, Treasury know an effective $4.step one mil positive return towards its popular stock holdings and you will a $0.9 mil positive get back toward the prominent stock holdings. Included in the Government Reserve’s $17.7 billion positive return to time are an effective $6.8 million positive come back towards Federal Set aside Lender of the latest York’s (FRBNY) fund to AIG; a beneficial $1.cuatro billion positive return to your common hobbies throughout the AIA Aurora and you may ALICO special-purpose vehicles you to definitely kept AIG’s premier international lives insurance coverage subsidiaries; and you can a blended $nine.5 billion self-confident return on Maiden Way II & III special-purpose vehicle.

Floating Mortgage costs: The rate of interest appropriate with the Financial alter having change in the fresh Bank’s Feet rates

The fresh new mutual profit of $nine.5 million from the Maiden Lane II and you may III special-purpose car, and that bought mortgage-associated property of AIG and its counterparties, depicted the greatest part of the complete $22.seven million confident come back.

Because financial crisis, AIG enjoys done a dramatic reorganizing efforts, and this put it inside a more powerful condition to settle taxpayers. How big the company has been reduce nearly in two because marketed non-key property and you will worried about their center insurance policies surgery. AIG’s Lending products tool (AIGFP) is actually staying injury down features slash its legacy types coverage of the over 93 per cent thus far.

Within the last 19 months, Treasury presented half a dozen social offerings of AIG well-known stock, selling all in all, step 1,655,037,962 offers (to start with 92 % out-of AIG’s a great popular inventory) on the average cost of $ for each and every display. Treasury’s $20.eight mil AIG well-known inventory offering inside by yourself portrayed the biggest solitary You.Smon stock giving of all time.

Following the are key events due to the fact restructuring at the beginning of 2011. Check an information graphic outlining all significant AIG deals as a result of .

AIG paid down Treasury $dos.dos mil in the proceeds from the fresh selling of its subsidiaries AIG Superstar Life insurance Co., Ltd. and you may AIG Edison Life insurance coverage Providers to help you Prudential Financial, Inc.

AIG paid Treasury $6.nine mil to attenuate the same share away from Treasury’s preferred guarantee need for AIG. New continues originated AIG’s sale of their guarantee stake during the MetLife and away from finance in earlier times held from inside the expectation out of expenses associated for the marketing of the American Life insurance coverage Co. (ALICO) in order to MetLife.

Treasury offered two hundred mil shares out of AIG common stock to have proceeds of $5.8 billion, and you may cancelled $dos mil out of in earlier times the amount of time — but undrawn funds.

AIG paid Treasury $dos.fifteen million financed from arises from brand new marketing out-of AIG’s Nan Shan life insurance subsidiary. The fresh new proceeds were utilized to invest right back the new U.S. taxpayers’ capital inside AIG from redemption of an equal part from Treasury’s prominent equity passion when you look at the AIA Aurora LLC, a part of AIG.