AIG Issues $2B In Bond Sale

American International Group issued $2 billion in bonds, the first time it has issued debt since the government bailout of the company in 2008.

According to some reports, the move is a demonstration by the company of its independence as it continues to work off paying more than $100 billion it owes the U.S. government.

In a Securities & Exchange Commission filing, AIG issued $1.5 billion in unsecured senior bonds at a 6.4 percent interest rate due 2020. A second issue, of $500 million in unsecured senior bonds, was at an interest rate of 3.65 percent due 2014.