Today, the U.S. Department of the Treasury announced that it has launched an underwritten public offering of its American International Group, Inc. (AIG) common stock.  The size and price to the public of the offering will be announced after pricing of the offering.  AIG has indicated that it intends to purchase up to $2 billion of the common stock sold by Treasury in this offering at the initial public offering price.

BofA Merrill Lynch, Citigroup Global Markets Inc., Credit Suisse Securities (USA) LLC, Deutsche Bank Securities Inc., Goldman, Sachs & Co., J.P. Morgan Securities LLC and Morgan Stanley & Co. LLC have been retained as joint bookrunners for the offering.