Fitch to gives BBB+ to AIG notes

Fitch Ratings said it expects to assign a rating of BBB+ to American International Group, Inc.'s (AIG) $420 million issuance of 4.9% senior notes due 2045.

Proceeds will be used for general corporate purposes.

This new issue is rated equivalent to the ratings of AIG's existing senior debt, and was sold in the Taiwan market. AIG completed offerings of 30-year notes in Taiwan in March 2015 ($350 million) and July 2015 ($290 million).

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