FRBNY’s remaining loan to help you Maiden Lane III (ML III) try completely repaid with attract
Treasury marketed 207 million offers away from AIG common inventory to possess proceeds regarding $six.0 million. Simultaneously, AIG completely paid off Treasury’s remaining flex cash loans prominent security investment in the AIG-had entity AIA Aurora LLC (AIA SPV) a different purpose automobile one holds average offers inside AIA Category Restricted (AIA) more per year just before plan.
Which designated the new old age of last left expenses owed so you’re able to the brand new FRBNY from its financial support from inside the AIG. The fresh FRBNY also offers the right to get well certain additional recurring profits out of property kept from the ML III. For additional information on new FRBNY’s investment regarding AIG, kindly visit brand new FRBNY’s web site.
Profit of final leftover bonds kept during the Maiden Way III. Full acquire off Maiden Lane II portfolio on Provided was $six.six mil.
For the February step one, AIG repurchased deserves provided so you’re able to Treasury inside 2008 and you may 2009 to have approximately $twenty-five billion. (más…)