NU Online News Service, Dec. 28, 11:25 a.m. EST

While its chief executive declared that it can "see the finish line" to paying back the Government bailout, American International Group Inc. proved it can raise money from private investors after announcing a series of multi-billion dollar private sector loan agreements.

The $4.3 billion loan agreements, announced yesterday, is considered a big step for the New York-based insurer, which is trying to carry out a plan to repay a massive government bailout from September 2008.

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