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AIG's Trading Volume Surges to 358th Position with $271 Million in Shares Traded
Generated by AI AgentAinvest Market Brief
Wednesday, May 7, 2025 8:03 pm ET1min read
On May 7, 2025,
(AIG) saw a significant increase in trading volume, with a total of $271 million in shares traded, marking a 31.86% rise from the previous day. This surge in trading volume placed at the 358th position in terms of daily trading volume among all stocks.AIG successfully completed the sale of $1.25 billion in aggregate principal amount of notes, including $625 million of 4.850% Notes due 2030. This financial maneuver is part of AIG's ongoing efforts to optimize its capital structure and manage its debt obligations effectively.
In a separate development,
Inc. issued $950 million in senior unsecured notes with a coupon of 6.25% due in April 2033. This move is part of the company's strategy to refinance existing debt and secure long-term funding.
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