Loop Capital Serves as Co-Manager on Pivotal AIG "re-IPO"

May 24th, 2011

On May 24, 2011, American International Group, Inc. (AIG) completed a secondary offering of 300 million common shares, of which 200 million shares were sold by the U.S. Treasury. This represents an important step in the government's effort to sell down its majority stake in AIG. The shares were priced at $29 each, and the transaction raised $8.7 billion. Loop Capital acted as a Co-Manager. 

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