FRBNY’s remaining loan in order to Maiden Way III (ML III) was completely paid back having interest
Treasury sold 207 mil offers out-of AIG common inventory getting proceeds from $six.0 mil. As well, AIG fully reduced Treasury’s kept common equity financial support regarding AIG-owned entity AIA Aurora LLC (AIA SPV) another mission vehicle that holds average shares inside the AIA Classification Restricted (AIA) more a year before agenda.
It noted the latest senior years of your own past leftover costs due so you can brand new FRBNY from its financing from inside the AIG. The newest FRBNY is served by the authority to recover certain even more recurring earnings from assets kept from the ML III. For additional all about the latest FRBNY’s investment about AIG, please visit the FRBNY’s website.
Revenue off final remaining securities kept when you look at the Maiden Way III. Full get out-of Maiden Way II collection on the Provided are $6.6 million.