Moody's Investors Service downgraded the debt rating of American International Group and two of its operating units, saying the company's plan to sell assets may not raise enough capital to pay back its $85 billion government loan.
The New York-based rating agency said Friday there is a risk because there could be "shortfalls in executing the restructuring plan or because of declines in the business or financial profiles of the operation to be retained."
Because of the downgrade, two other units were affected: American General Finance Corp. (AGFC) and International Lease Finance Corporation (ILFC).
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