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TEXT-S&P rates AIG $250 million sub notes 'BBB+'

Aug 20 - Standard & Poor's Ratings Services said today that it has assigned its 'BBB+' issue-level rating to American International Group Inc.'s (AIG) $250 million nondeferrable subordinated notes due 2015. The notes will be unsecured obligations of AIG and will be expressly subordinated to all existing and future senior debt. The notes will also be structurally subordinated to secured and unsecured debt of the company's subsidiaries. The notes will rank senior to existing and future junior subo ...

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Published By: Reuters (Company news) - Tuesday, 21 August, 2012

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