AIG Returns to Booming CLO Market With First Post-Crisis Deal
Photographer: Michael Nagle/Bloomberg
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American International Group Inc. has returned to the red-hot collateralized loan obligation market as an asset manager with its first sale since the financial crisis.
The $500 million transaction is being arranged by Credit Suisse Group AG, and its most senior tranche was graded by S&P Global Ratings, Fitch Ratings, and Morningstar Credit Ratings.