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Two ratings agencies offered positive assessments of American International Group after the U.S. Treasury’s sell-down to a minority stake in the company, with Moody’s Investor’s Service calling the development “another credit-positive milestone” and Fitch Ratings stating that recent actions have rejuvenated AIG.

In its Weekly Credit Outlook, Moody’s says of the Treasury’s offering that reduced its ownership stake in AIG to around 16 percent from 53 percent, “The ongoing repayment and termination of government support is credit positive for AIG because it enhances the company’s brand and its ability to find itself in the capital markets. 

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