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04.12.2014 21:13:00

AIG Global Funding -- Moody's rates AIG Global Funding (P)A2 (stable)

New York, December 04, 2014 -- Moody's Investors Service has assigned a provisional (P)A2 long-term debt rating to the funding agreement-backed global note program of AIG Global Funding (AIG-GF), a newly organized special purpose Delaware statutory trust established to issue notes collateralized by funding agreements issued to it by American General Life Insurance Company (AGL; insurance financial strength (IFS) at A2). AGL is the primary life insurance subsidiary of the AIG Life and Retirement group of companies (AIG L&R, IFS at A2), which are wholly indirectly owned by American International Group, Inc. (NYSE: AIG; senior debt at Baa1, stable). The rating outlook for AIG-GF is stable, in line with the outlook for the ratings of AIG L&R.

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