Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

AIG Sells $1 Billion of 10-Year Bonds as Corporate Yields Drop

American International Group Inc., the insurer that paid back a $182.3 billion bailout package last year, sold $1 billion of 10-year notes as corporate bond yields fell to a six-week low.

The New York-based company issued 4.125 percent senior unsecured notes that yield 150 basis points more than similar-maturity Treasuries, according to data compiled by Bloomberg.

The notes may be rated Baa1 by Moody’s Investors Service, according to a person with knowledge of the offering, who asked not to be identified citing lack of authorization to speak publicly.

Yields on the Bank of America Merrill Lynch U.S. Corporate & High Yield Index dropped to 4.05 percent yesterday, the lowest level since Aug. 12. Sales of corporate bonds have reached $177.9 billion this month, an all-time high.

Proceeds from the AIG sale may be used for general corporate purposes, the company said in a filing today with the U.S. Securities and Exchange Commission. Barclays Plc, Deutsche Bank AG, Goldman Sachs Group Inc. and Morgan Stanley managed the deal.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.