Monday, October 13, 2008

Ratings On 25 AIG-Related Housing Bond Issues Put On CreditWatch Negative



NEW YORK --Standard & Poor's Ratings Services has placed 25 housing bond ratings on CreditWatch with negative implications.


This action follows Standard & Poor's Oct. 3, 2008, placement of American International Group Inc. (AIG) on CreditWatch with negative implications.


All affected bond issues receive partial support in the form of guaranteed investment contracts (GICs) from American International Group, AIG Matched Funding Corp., or AIG Financial Products Corp. A complete listing of the affected bonds is shown.

For a complete listing of the affected bonds, please contact Edward Sweeney, New York, (1) 212-438-6634, edward_sweeney@standardandpoors.com

Analyst Contacts:
Renee J Berson, New York (1) 212-438-7966
Valerie White, New York (1) 212-438-2078

No comments:

Post a Comment