NEW YORK--Jun. 17, 2009--
American International Group, Inc. (AIG) announced today that it has
extended until June 24, 2009:
its offer to exchange up to $4.0 billion principal amount of its
8.175% Series A-6 Junior Subordinated Debentures which have been
registered under the Securities Act of 1933 (“New Junior Subordinated
Debentures”) for all of its outstanding unregistered 8.175% Series A-6
Junior Subordinated Debentures (“Old Junior Subordinated Debentures”),
its offer to exchange up to $3.250 billion principal amount of its
8.250% Notes Due 2018 which have been registered under the Securities
Act of 1933 (“New Notes”) for all of its outstanding unregistered
8.250% Notes Due 2018 (“Old Notes”).
Both of the exchange offers, which were previously scheduled to expire
at 5:00 p.m., New York City time, on June 17, 2009, will now expire at
5:00 p.m., New York City time, on June 24, 2009 unless further extended.
AIG has filed registration statements to register the New Junior
Subordinated Debentures and the New Notes under the Securities Act of
1933. AIG will not accept for exchange any Old Junior Subordinated
Debentures or Old Notes until the registration statements have become
effective under the Securities Act of 1933. Each exchange offer is being
made upon the terms and subject to the conditions set forth in a
prospectus dated May 19, 2009 for that exchange offer.
As of 11:30 a.m., New York City time, on June 17, 2009, $2,232,338,000
principal amount of Old Junior Subordinated Debentures and
$2,280,308,000 principal amount of Old Notes had been tendered and not
The Exchange Agent for the exchange offers is The Bank of New York
The issuer has filed registration statements (including prospectuses)
with the Securities and Exchange Commission for the offerings to which
this communication relates. Before you invest in New Junior Subordinated
Debentures or New Notes, you should read the prospectus in the
registration statement for that offering and other documents the issuer
has filed for that offering with the Securities and Exchange Commission
for more complete information about AIG and that offering. You may get
these documents for free by visiting EDGAR on the Web site of the
Securities and Exchange Commission at www.sec.gov.
Alternatively, AIG or the Exchange Agent will arrange to send you the
prospectus if you request it by calling the Exchange Agent toll-free at
American International Group, Inc. (AIG), a world leader in insurance
and financial services, is the leading international insurance
organization with operations in more than 130 countries and
jurisdictions. AIG companies serve commercial, institutional and
individual customers through the most extensive worldwide
property-casualty and life insurance networks of any insurer. In
addition, AIG companies are leading providers of retirement services,
financial services and asset management around the world. AIG's common
stock is listed on the New York Stock Exchange, as well as the stock
exchanges in Ireland and Tokyo.
Source: American International Group, Inc.
American International Group, Inc.