AIG to Redeem 4.90% Callable Notes Due September 25, 2045
August 18 2017 - 4:20PM
Business Wire
American International Group, Inc. (NYSE: AIG) today announced
that it will redeem all of its outstanding 4.90% Callable Notes due
September 25, 2045 (ISIN No. XS1293631187) (the “Notes”) on
September 25, 2017 (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 August 17, 2017, $420,000,000 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. Founded in 1919, today AIG member companies
provide a wide range of property casualty insurance, life
insurance, retirement products, 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’s core businesses include
Commercial Insurance and Consumer Insurance, as well as Other
Operations. Commercial Insurance comprises two modules – Liability
and Financial Lines, and Property and Special Risks. Consumer
Insurance comprises four modules – Individual Retirement, Group
Retirement, Life Insurance and Personal Insurance. 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
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 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.
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version on businesswire.com: http://www.businesswire.com/news/home/20170818005516/en/
American International Group, Inc.Investors:Liz Werner,
212-770-7074elizabeth.werner@aig.comorFernando Melon,
212-770-4630fernando.melon@aig.comorMedia:Samantha Ebinger,
212-770-8433samantha.ebinger@aig.com
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