U.S. Treasury prices offering of AIG stock at $32.5/share-sources

HONG KONG Mon Dec 10, 2012 11:30pm EST

HONG KONG Dec 11 (Reuters) - The U.S. Treasury has priced the sale of its remaining stake in insurer American International Group Inc at $32.5 per share, sources with knowledge of the deal said on Tuesday.

In a statement on Monday, the Treasury said it launched an underwritten public offering for AIG's remaining 234.2 million shares of common stock. The sale would raise $7.61 billion.

Bank of America Merrill Lynch, Citigroup, Deutsche Bank, Goldman Sachs and JPMorgan Chase & Co were hired to handle the transaction.

A couple walks along the rough surf during sunset at Oahu's North Shore, December 26, 2013. REUTERS/Kevin Lamarque

Find your dream retirement town

Florida? Hawaii? Reuters has teamed up with Zillow to give you the power to customize a list of your best places to retire.  Video | Full Article