AIG to Redeem 4.35% Callable Notes Due 2045
February 13 2020 - 4:16PM
Business Wire
American International Group, Inc. (NYSE: AIG) today announced
that it will redeem all of its outstanding 4.35% Callable Notes Due
2045 (ISIN No. XS1201950851) (the “Notes”) on March 20, 2020 (the
“Redemption Date”). On the Redemption Date, AIG will pay to the
registered holders of the Notes a redemption price equal to 100% of
the principal amount of the Notes, plus accrued and unpaid interest
to, but not including, the Redemption Date. As of February 13,
2020, $350,000,000 aggregate principal amount of the Notes were
outstanding.
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 global
insurance organization. Building on 100 years of experience, today
AIG member companies provide a wide range of property casualty
insurance, life insurance, retirement solutions, and other
financial services to customers in more than 80 countries and
jurisdictions. These diverse offerings include products and
services that help businesses and individuals protect their assets,
manage risks and provide for retirement security. AIG common stock
is listed on the New York Stock Exchange.
Additional information about AIG can be found at www.aig.com |
YouTube: www.youtube.com/aig | Twitter: @AIGinsurance
www.twitter.com/AIGinsurance | LinkedIn:
www.linkedin.com/company/aig. These references with additional
information about AIG have been provided as a convenience, and the
information contained on such websites is not incorporated by
reference into this press release.
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 jurisdictions, and coverage is subject to
underwriting requirements and 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.
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version on businesswire.com: https://www.businesswire.com/news/home/20200213005842/en/
Sabra Purtill (Investors): 212-770-7074; sabra.purtill@aig.com
Claire Talcott (Media): 212-458-6343; claire.talcott@aig.com
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