NEW YORK--(BUSINESS WIRE)--Jun. 4, 2013--
American International Group, Inc. (NYSE: AIG) today announced that it
will redeem all of its outstanding 6.45% Series A-4 Junior Subordinated
Debentures (CUSIP No. 026874800) (NYSE: AFF) (the “Debentures”) on June
17, 2013 (the “Redemption Date”). On the Redemption Date, AIG will pay
to the registered holders of the Debentures a redemption price of 100%
of the principal amount outstanding, plus accrued and unpaid interest
to, but excluding, the Redemption Date to holders of record at the close
of business on June 14, 2013. As of June 4, 2013, $750,000,000 aggregate
principal amount of Debentures were outstanding.
The Debentures are held only in book-entry form through the Depository
Trust Company (“DTC”). DTC will redeem the Debentures in accordance with
its procedures and notify the holders. Holders of the Debentures need
not take any action to receive payment of the redemption price.
This press release does not constitute a notice of redemption of the
Debentures. Holders of the Debentures should refer to the notice of
redemption to be delivered to the registered holders of the Debentures
by The Bank of New York Mellon, the trustee with respect to the
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
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Source: American International Group, Inc.
American International Group, Inc.