A.I.G. debt, post bailout

A.I.G. announced that it will repay $3.9 billion of the money it borrowed during the Federal bailout, but at the time of writing it still holds $15 billion in bailout loans, as reported in the New York Times.

Looking at A.I.G.'s current debts, as well as reflecting on its past credit troubles, we can trace the insurance giant's slow progress since the bailout.

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A.I.G. Debt, Past, Present, and Future

1. From March 2005 to March 2009, Moody's downgraded A.I.G. four times, from a rating of Aa1 to A3. Compare those downgrades with S&P's five downgrades, from AA+ in March 2005 to A- in 2009.
2. According to the most recent 10-K for A.I.G., filed in December 2009, the company has $141 billion in total debt, with $113 billion in long-term debt making up the greatest share.
3. Company CDS spread is down 62 basis points over the last 6 months, which is down significantly from highs in May, indicating more confidence that A.I.G. will repay its debts.
4. $10 billion in A.I.G. debt matures in 2011.

You can see full debt reports for thousands of corporate issuers in FactSet. Learn more.