NEW YORK--(BUSINESS WIRE)--Jul. 10, 2015--
American International Group, Inc. (NYSE:AIG) today announced the
closing of the sale of $1,250,000,000 aggregate principal amount of
AIG’s 3.750% Notes due 2025, $500,000,000 aggregate principal amount of
AIG’s 4.700% Notes due 2035 and $750,000,000 aggregate principal amount
of AIG’s 4.800% Notes due 2045. AIG has determined that the closing of
this notes offering satisfies the financing condition of its previously
announced maximum cash tender offer for certain notes and debentures
issued or guaranteed by AIG described in the offer to purchase, dated
June 18, 2015. The tender offer remains subject to certain other
conditions, including the absence of any adverse legal and market
developments. The expiration date of the tender offer is 11:59 p.m., New
York City time, on July 16, 2015, unless extended. The payment date for
the tender offer will be promptly following its expiration and is
expected to be on or about July 20, 2015.
This press release is qualified in its entirety by the offer to purchase
and related letter of transmittal.
Global Bondholder Services Corporation is the Information Agent and
Depositary for the tender offer. Requests for documents related to the
tender offer and questions regarding the tendering of securities may be
directed to Global Bondholder Services Corporation by telephone at (212)
430-3774 (for banks and brokers only), (866) 924-2200 (for all others
toll-free) or +001 (212) 430-3774 (international), by email at firstname.lastname@example.org.
This news release does not constitute an offer or an invitation by AIG
to participate in the tender offer in any jurisdiction in which it is
unlawful to make such an offer or solicitation in such jurisdiction.
Certain statements in this press release, including those describing the
completion of the tender offer, 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 serving customers in more than 100 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.
View source version on businesswire.com: http://www.businesswire.com/news/home/20150710005454/en/
Source: American International Group, Inc.
Liz Werner, 212-770-7074
Hendricks Sullivan, 212-770-3141