Brookfield to Pay $905 Mln to AIG to Resolve Swap Dispute

Brookfield Asset Management has agreed with AIG to terminate two related 25-year interest rate swap agreements. Brookfield has agreed to pay a single lump sum payment of US$905 million to AIG. The agreement resolves a dispute between Brookfield and AIG that reportedly dates back to 2009.

26 August 2013•2 mins read
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