By Cristal Cody
Chicago, June 14 – AIG Global Funding sold $550 million of 0.65% three-year funding-agreement backed senior notes with a spread of Treasuries plus 35 basis points on Monday, a market source reported.
The notes had initially been talked in the Treasuries plus 50 bps area.
Barclays, Deutsche Bank Securities Inc. and Goldman Sachs & Co. LLC are listed as bookrunners.
AIG Global Funding is a financing arm of Houston-based American General Life Insurance Co., Inc.
| Issuer: | AIG Global Funding
|
| Issue: | FA-backed senior notes
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| Amount: | $550 million
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| Maturity: | June 15, 2024
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| Bookrunners: | Barclays, Deutsche Bank Securities Inc. and Goldman Sachs & Co. LLC
|
| Coupon: | 0.65%
|
| Spread: | Treasuries plus 35 bps
|
| Trade date: | June 14
|
| Price talk: | Treasuries plus 50 bps area
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