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American International Group Inc., NY Various GIC-Supported Bond Series Ratings Lowered To 'BBB+'

Published Mar 10, 2017

3 pages (1007 words) — Published Mar 10, 2017

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About This Report

Abstract:

SAN FRANCISCO (S&P Global Ratings) March 10, 2017--S&P Global Ratings lowered its ratings on the following series of bonds, supported by guaranteed-investment contracts (GICs) or counterparty guarantor provided by American International Group Inc., N.Y. to 'BBB+' from 'A-': Los Angeles' series 1997A-2 single-family mortgage revenue bonds; Los Angeles' series 1997B single-family mortgage revenue bonds; New Mexico Mortgage Finance Authority's series 2004C taxable multifamily housing revenue bonds (the Alta Vista apartment project); New Mexico Mortgage Finance Authority's series 2004D taxable multifamily housing revenue bonds (the Alta Vista apartment project); and San Bernardino County, Calif.'s series 1997B single-family home mortgage revenue bonds (the mortgage-backed securities program). The outlook on all the ratings is stable.

Brief Excerpt:

... at www.spcapitaliq.com. All ratings affected by this rating action can be found on the S&P Global Ratings' public website at www.standardandpoors.com. Use the Ratings search box located in the left column....

Report Type:

Ratings Action

Issuer

Los Angeles

Sector

Global Issuers, Public Finance, Structured Finance

Country

United States

Region

United States

Format:

PDF

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Cite this Report


MLA:	S&P Global Ratings’ Credit Research. "American International Group Inc., NY Various GIC-Supported Bond Series Ratings Lowered To 'BBB+'" Mar 10, 2017. Alacra Store. May 14, 2025. <http://www.alacrastore.com/s-and-p-credit-research/American-International-Group-Inc-NY-Various-GIC-Supported-Bond-Series-Ratings-Lowered-To-BBB-1813495>

APA:	S&P Global Ratings’ Credit Research. (). American International Group Inc., NY Various GIC-Supported Bond Series Ratings Lowered To 'BBB+' Mar 10, 2017. New York, NY: Alacra Store. Retrieved May 14, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/American-International-Group-Inc-NY-Various-GIC-Supported-Bond-Series-Ratings-Lowered-To-BBB-1813495>

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