The Federal Reserve Board, with the support of the U.S. Treasury and under Section 13(3) of the Federal Reserve Act, authorizes the New York Fed to lend up to $85 billion to AIG through a revolving credit facility in return for a 79.9 percent equity interest.

• Board of Governors Press Release
• AIG Statement

AIG files 8-K describing terms of revolving credit facility.

• AIG 8-K

AIG files amendment to correct errors in September 18 8-K.

• AIG 8-K Amendment

AIG announces execution of credit agreement for $85 billion credit facility.

• AIG Press Release

AIG notifies shareholders that, as required in the credit agreement, AIG will issue preferred stock to a trust for the benefit of the U.S. Treasury.

• AIG Press Release

New York Fed releases statement on $85 billion credit facility extended to AIG.

• New York Fed Press Release »

AIG releases statement pledging to refocus the company on its core insurance business and to generate sufficient liquidity to repay outstanding balance of its New York Fed loan.

• AIG Press Release

Board of Governors authorizes New York Fed and AIG to enter into securities lending agreement to provide AIG with up to an additional $37.8 billion in liquidity.

• Board of Governors Press Release
• AIG Press Release

AIG files 8-K describing terms of securities lending agreement announced October 8.

• AIG 8-K

AIG releases statement on current use of Federal Reserve lending facilities.

• AIG Press Release

AIG files 8-K on October 27 application of four AIG affiliates to participate in Commercial Paper Funding Facility (CPFF).

• AIG 8-K

Board of Governors and Treasury announce the restructuring of the government's financial support to AIG. The restructuring includes a Treasury purchase of AIG preferred shares through the Troubled Asset Relief Program (TARP), reduction of $85 billion revolving credit line to $60 billion and the creation of two limited liability companies (LLCs) to lend against AIG's residential mortgage-backed securities (RMBS) and collateralized debt obligations (CDOs).

• Board of Governors Press Release
• Treasury Press Release
• AIG Press Release

AIG reports third quarter 2008 earnings.

• AIG Press Release

AIG files 8-K on terms of the securities purchase agreement with the U.S. Department of the Treasury.

• AIG 8-K

AIG files 8-K on terms of the master investment and credit agreement with the New York Fed, ML III, and Bank of New York Mellon to purchase multi-sector CDOs and CDS.

• AIG 8-K

AIG announces purchase of collateralized debt obligations (CDOs) by Maiden Lane III (ML III).

• AIG Press Release
• AIG 8-K

New York Fed releases terms and conditions for ML III.

• New York Fed Press Release »

AIG releases statement on Wall Street Journal article on exposure to credit default swaps (CDS) obligations.

• AIG Press Release

AIG files 8-K on terms of the RMBS asset purchase agreement with ML II.

• AIG 8-K

AIG sells residential mortgage-backed securities (RMBS) to Maiden Lane II (ML II) as announced in November 10 restructuring. AIG also terminates domestic securities lending program.

• AIG Press Release
• AIG 8-K

New York Fed releases terms and conditions for ML II.

• New York Fed Press Release »

AIG announces purchase of additional $16 billion in par amount of collateralized debt obligations (CDOs) by ML III.

• AIG Press Release
• AIG 8-K

AIG amends 8-K dated November 25 on shortfall agreement between ML III and AIG subsidiary AIG Financial Products Corp (AIGFP).

• AIG 8-K Amendment

New York Fed announces creation of AIG Credit Facility Trust.

• New York Fed Press Release »

New York Fed posts on its public website AIG Credit Facility Trust Agreement.

• New York Fed Press Release

AIG files 8-K on January 16 announcement that AIG will advance and reimburse expenses related to the AIG Credit Facility Trust.

• AIG 8-K

Board of Governors and Treasury announce changes to government's financial support to AIG. This includes Treasury creating a new equity capital facility and a reduction in the Federal Reserve's revolving credit facility from $60 billion to $25 billion in exchange for preferred stock interests in two special purpose vehicles (SPVs) created to hold all outstanding common stock of American Life Insurance Company (ALICO) and American International Assurance Company Ltd. (AIA), two life insurance holding company subsidiaries of AIG.

• Board of Governors and Treasury Joint Press Release
• AIG Press Release

AIG reports fourth quarter 2008 and full year 2008 earnings.

• AIG Press Release

Board of Governors Vice Chairman Kohn testifies before Senate Committee on Banking, Housing, and Urban Affairs.

• Kohn Testimony

AIG discloses counterparties to credit default swaps (CDS), Guaranteed Investment Agreement (GIA) and securities lending transactions.

• AIG Press Release

AIG amends 8-Ks dated November 25 and December 18 on shortfall agreement between Maiden Lane III and AIG Financial Products Corp (AIGFP).

• AIG 8-K Amendment
• AIG 8-K Amendment

AIG Chairman and Chief Executive Officer Edward Liddy testifies before House Financial Services Subcommittee on Capital Markets, Insurance, and Government Sponsored Enterprises.

• AIG Press Release
• Liddy Testimony

Federal Reserve Chairman Ben S. Bernanke and New York Fed President William C. Dudley testify before House Committee on Financial Services.

• Bernanke Testimony
• Dudley Testimony »

AIG files 8-K to reflect entry into Amendment 3 of the September 22, 2008, credit agreement between AIG and New York Fed. This includes removal of the minimum 3.5 percent LIBOR rate, permits issuance of certain stock to the Treasury and includes other technical amendments.

• AIG 8-K

AIG announces acceleration of steps to position AIU Holdings in a special purpose vehicle (SPV) in preparation for the potential sale of a minority stake in the business. Release includes New York Fed statement.

• AIG Press Release

New York Fed publishes web page on Maiden Lane transactions.

• New York Fed Press Release

AIG reports first quarter 2009 earnings.

• AIG Press Release

AIG amends 8-Ks dated November 25 and December 18 on shortfall agreement between Maiden Lane III and AIG Financial Products Corp (AIGFP).

• AIG 8-K Amendment
• AIG 8-K Amendment

AIG places equity of American Life Insurance Company (ALICO) and American International Assurance Company Ltd. (AIA), two life insurance holding company subsidiaries, into special purpose vehicles (SPVs) as announced on March 2.

• AIG Press Release on ALICO
• AIG Press Release on AIA
• AIG 8-K

AIG announces intent to accelerate sale of American Life Insurance Company (ALICO) as an independent entity.

• AIG Press Release

AIG reports second quarter 2009 earnings.

• AIG Press Release

AIG releases fact sheet on outstanding loans owed in connection with government support.

• AIG Press Release

AIG reports third quarter 2009 earnings.

• AIG Press Release

Board of Governors and New York Fed release letter dated November 15 on Special Inspector General for the Troubled Asset Relief Program (SIGTARP) AIG audit report.

• Board of Governors and New York Fed Joint Letter

AIG announces closing of transactions with New York Fed to place equity of American Life Insurance Company (ALICO) and American International Assurance Company Ltd. (AIA), two life insurance holding company subsidiaries of AIG, into special purpose vehicles (SPVs).

• AIG Press Release
• AIG Press Release on ALICO

New York Fed releases statement supporting comprehensive U.S. Government Accountability Office (GAO) review on AIG and provides AIG-related documents to Congress. New York Fed also releases and posts on its website a second statement on public disclosures of AIG concerning Maiden Lane III.

• New York Fed Press Release on GAO Review »
• New York Fed Press Release on AIG Counterparties »

New York Fed General Counsel Thomas C. Baxter testifies before the House Committee of Oversight and Reform.

• Baxter Testimony »

AIG amends 8-Ks dated November 25 and December 18 on shortfall agreement between ML III and AIG Financial Products Corp (AIGFP).

• AIG 8-K Amendment
• AIG 8-K Amendment

AIG reports fourth quarter 2009 and full year 2009 earnings.

• AIG Press Release

AIG agrees to sell its subsidiary American International Assurance Company Ltd. (AIA) to Prudential Financial, Inc. for approximately $35.5 billion.

• AIG Press Release

AIG agrees to sell its subsidiary American Life Insurance Company (ALICO) to MetLife, Inc. for approximately $15.5 billion.

• AIG Press Release

New York Fed releases additional information on Maiden Lane portfolios.

• New York Fed Press Release »

AIG announces that the U.S. Treasury has appointed Donald H. Layton and Ronald A. Rittenmeyer to serve on the AIG Board of Directors.

• AIG Press Release

AIG reports first quarter 2010 earnings.

• AIG Press Release

New York Fed General Counsel Thomas C. Baxter and head of Special Investments Management Group Sarah J. Dahlgren testify before the Congressional Oversight Panel.

• Joint Testimony of Baxter and Dahlgren »

AIG announces that it will adhere to the original terms of its agreement with Prudential plc for Prudential to acquire AIA.

• AIG Press Release

AIG files 8-K on termination of the agreement between AIA Aurora LLC and Prudential plc.

• AIG 8-K

AIG reports second quarter 2010 earnings.

• AIG Press Release

AIG subsidiary ILFC announces offering of $2.5 billion senior secured notes.

• ILFC Press Release

AIG announces sale of subsidiary American General Finance.

• AIG Press Release

AIG subsidiary ILFC announces offering of $500 million senior notes.

• ILFC Press Release

AIG announces reduction of principal balance on New York Fed revolving credit facility.

• AIG Press Release

AIG announces agreement with the U.S. Department of the Treasury, the Federal Reserve Bank of New York and the trustees of the AIG Credit Facility Trust on a recapitalization plan designed to accelerate repayment of its obligations to American taxpayers. The plan expedites the full repayment and termination of the New York Fed's credit facility, simplifies the current government investment, and puts in motion the steps for the U.S Treasury's exit, including the conversion of its preferred shares into common.

• AIG Press Release

AIA announces that it has determined the price for its public offering of approximately 7.03 billion ordinary shares on the Hong Kong Stock Exchange.

• AIG Press Release

AIA announces that the over-allotment option has been fully exercised in respect of approximately 1.05 billion shares, increasing the total number of shares offered and sold in its public offering to approximately 8.08 billion.

• AIG Investor Information: Form 8-K

AIG announces that it has raised nearly $37 billion to repay the United States government through its sale of ALICO and the initial public offering of AIA.

• AIG Press Release

AIG reports third quarter 2010 earnings.

• AIG Press Release

AIG files master agreement on capitalization plan.

• AIG Press Release

AIG announces $3 billion credit facility; Chartis obtains $1.3 billion letter of credit facility.

• AIG Press Release

AIG Board of Directors approves issuance of warrants via dividend in connection with recapitalization plan.

• AIG Press Release

AIG enters into agreement to sell Nan Shan.

• AIG Press Release

AIG announces satisfaction of condition to issuance of warrants via dividend.

• AIG Press Release

The New York Fed, AIG, the U.S. Treasury and the trustees of the AIG Credit Facility Trust close on the recapitalization announced in September, 2010. The New York Fed's assistance to AIG is repaid and terminated; the government's investment in AIG is consolidated; the U.S. Treasury's shares are converted into common equity; the Credit Facility Trust is terminated.

• New York Fed Press Release »
• AIG Press Release