Inside the financial crisis, this new government’s overall support to own AIG totaled whenever $182 billion

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Repaired Financial pricing: The interest rate relevant into the Mortgage is restricted throughout the identity regarding cost from Financing.

AIG System Status

You to definitely incorporated nearly $70 billion that Treasury the full time compliment of TARP and you will $112 mil committed by the Federal Set aside Bank of new York (FRBNY).

Within the , Treasury ended up selling their leftover 234,169,156 offers from AIG well-known stock when you look at the an underwritten public providing to own aggregate proceeds of approximately $eight.six mil.

Offering impression compared to that selling, the general confident go back on Federal Put aside and Treasury’s shared $182 mil commitment to stabilize AIG inside financial crisis is actually today $twenty-two.eight mil, having Treasury realizing a positive get back away from $5.0 billion and also the Federal Set aside recognizing a positive come back of $17.eight mil.

As an element of its overall $5.0 mil self-confident come back to date, Treasury realized good $4.step one mil confident come back on the its well-known stock holdings and a great $0.9 mil self-confident get back on the common stock holdings. Within the Federal Reserve’s $17.7 billion self-confident go back to time is actually an excellent $six.8 mil confident get back with the Government Set-aside Financial of brand new York’s (FRBNY) loans in order to AIG; a beneficial $step one.4 billion self-confident get back to your prominent hobbies on AIA Aurora and you can ALICO special purpose vehicle that stored AIG’s biggest international lifestyle insurance rates subsidiaries; and you may a combined $9.5 mil self-confident return on Maiden Lane II & III special-purpose vehicle.

Floating Financial prices: The rate of interest relevant to your Home loan alter having improvement in brand new Bank’s Ft price

The new combined profit regarding $9.5 million on the Maiden Lane II and you can III special purpose vehicles, and that bought financial-relevant possessions away from AIG and its own counterparties, represented the largest part of the total $22.eight billion confident go back.

Because the economic crisis, AIG keeps done a remarkable reorganizing effort, and that put it inside the a more powerful condition to repay taxpayers. The dimensions of the business has been slash nearly in two because marketed low-center property and you can concerned about the core insurance rates businesses. AIG’s Financial products equipment (AIGFP) is actually staying injury down and contains reduce its history types visibility from the more 93 % to date.

In the last 19 days, Treasury held half a dozen social products regarding AIG well-known inventory, offering a maximum of step one,655,037,962 offers (to begin with 92 per cent out of AIG’s a fantastic preferred stock) on the common price of $ for each have a glimpse at this link and every show. Treasury’s $20.seven million AIG prominent inventory offering in the by yourself portrayed the greatest single U.Smon stock offering of them all.

Pursuing the are fundamental events as reorganizing during the early 2011. Look at a records visual explaining most of the significant AIG transactions thanks to .

AIG paid down Treasury $dos.2 mil into the arises from the new deals of the subsidiaries AIG Superstar Life insurance coverage Co., Ltd. and you may AIG Edison Life insurance policies Company so you’re able to Prudential Economic, Inc.

AIG paid back Treasury $six.9 mil to attenuate an equal share out-of Treasury’s common collateral interest in AIG. The newest continues originated in AIG’s sale of its equity share inside MetLife and you can from fund before held during the expectation off expenses associated on revenue of its American Life insurance Co. (ALICO) in order to MetLife.

Treasury ended up selling two hundred million shares of AIG well-known inventory to own continues from $5.8 mil, and you can cancelled $dos million off in the past committed — but undrawn fund.

AIG repaid Treasury $2.15 billion financed from arises from the fresh new income of AIG’s Nan Shan term life insurance subsidiary. The latest continues were used to blow right back the latest You.S. taxpayers’ resource inside AIG through the redemption of the same portion off Treasury’s common collateral hobbies within the AIA Aurora LLC, a subsidiary away from AIG.