HALISTER: AIG Raises $1.25b Selling PICC P&C Shrs Near Low End: Terms

AIG Raises $1.25b Selling PICC P&C Shrs Near Low End: Terms

(Bloomberg) -- American International Group sells 740m shrs of PICC Property & Casualty at HK$13.08 apiece, near the low end of a marketed range, according to terms for the deal obtained by Bloomberg.
  • NOTE: Shrs were offered at HK$13.06 to HK$13.35 each Link
  • Morgan Stanley among banks arranging the sale
Alert: HALISTER
Source: BFW (Bloomberg First Word)

Tickers
AIG US (American International Group Inc)
2328 HK (PICC Property & Casualty Co Ltd)

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