AIG to Redeem 8.250% Notes Due 2018
September 26 2014 - 4:10PM
Business Wire
American International Group, Inc. (NYSE: AIG) today announced
that it will redeem all of its outstanding 8.250% Notes Due 2018
(CUSIP Nos. 026874BT3, 026874BU0 and U02687CB2) (the “Notes”) on
October 27, 2014 (the “Redemption Date”). On the Redemption Date,
AIG will pay to the registered holders of the Notes a redemption
price per $1,000 principal amount of Notes as determined in
accordance with the indenture governing the Notes, plus accrued and
unpaid interest to, but not including, the Redemption Date. The
Notes are part of the Direct Investment book (“DIB”) and will be
repaid using cash allocated to the DIB. As of September 26, 2014,
$1,982,806,000 aggregate principal amount of the Notes were
outstanding.
The Notes are held only in book-entry form through The
Depository Trust Company (“DTC”). DTC will redeem the Notes in
accordance with its procedures.
This press release does not constitute a notice of redemption of
the Notes. Holders of the Notes should refer to the notice of
redemption delivered to the registered holders of the Notes by The
Bank of New York Mellon, the trustee with respect to the Notes.
Certain statements in this press release, including those
describing the completion of the redemption, constitute
forward-looking statements. These statements are not historical
facts but instead represent only AIG’s belief regarding future
events, many of which, by their nature, are inherently uncertain
and outside AIG’s control. It is possible that actual results will
differ, possibly materially, from the anticipated results indicated
in these statements. Factors that could cause actual results to
differ, possibly materially, from those in the forward-looking
statements are discussed throughout AIG’s periodic filings with the
SEC pursuant to the Securities Exchange Act of 1934.
American International Group, Inc. (AIG) is a leading
international insurance organization serving customers in more than
130 countries and jurisdictions. AIG companies serve commercial,
institutional, and individual customers through one of the most
extensive worldwide property-casualty networks of any insurer. In
addition, AIG companies are leading providers of life insurance and
retirement services in the United States. AIG common stock is
listed on the New York Stock Exchange and the Tokyo Stock
Exchange.
Additional information about AIG can be found at www.aig.com |
YouTube: www.youtube.com/aig |Twitter: @AIGInsurance | LinkedIn:
http://www.linkedin.com/company/aig |
AIG is the marketing name for the worldwide property-casualty,
life and retirement, and general insurance operations of American
International Group, Inc. For additional information, please visit
our website at www.aig.com. All products and services are written
or provided by subsidiaries or affiliates of American International
Group, Inc. Products or services may not be available in all
countries, and coverage is subject to actual policy language.
Non-insurance products and services may be provided by independent
third parties. Certain property-casualty coverages may be provided
by a surplus lines insurer. Surplus lines insurers do not generally
participate in state guaranty funds, and insureds are therefore not
protected by such funds.
American International Group, Inc.Media:Jon Diat,
212-770-3505jon.diat@aig.comorInvestors:Liz Werner,
212-770-7074elizabeth.werner@aig.com
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