AIG Announces Final Results of Its Any and All Cash Tender Offers
AIG expects to accept all notes validly tendered and not withdrawn
(including notes accepted for purchase pursuant to the guaranteed
delivery procedures, if any) and to make payment on or about
As of the Expiration Date, the principal amounts of notes of each series
outstanding and validly tendered and not validly withdrawn and the Total
Consideration per
Holders whose notes are accepted in the Tender Offers will receive the Total Consideration, and, where applicable, a cash payment representing accrued interest from the most recent interest payment date to but excluding the Payment Date.
Copies of the Offer to Purchase, the related letter of transmittal and the notice of guaranteed delivery are available at the following web address: http://www.gbsc-usa.com/aig/.
# # #
This press release is qualified in its entirety by the Offer to Purchase, related letter of transmittal and the notice of guaranteed delivery.
AIG retained Barclays Bank PLC,
Certain statements in this press release, including those describing the
payment for tendered notes in the Tender Offers, 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
# # #
Additional information about AIG can be found at www.aig.com
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AIG is the marketing name for the worldwide property-casualty, life and
retirement, and general insurance operations of
| Principal | Principal | ||||||||
| Amount | Amount | ||||||||
| Title of Security and Security | Outstanding | Tendered | Percent of Amount | ||||||
| Identifier |
(millions) |
(millions) |
Outstanding Tendered | Total Consideration | |||||
|
2.275% Fixed Rate Notes Due 8 August |
JPY 2,000.0 | JPY 200.0 | 10.0% | JPY 1,027.50 | |||||
|
2016 |
|||||||||
|
ISIN: XS0263983040 |
|||||||||
|
2.275% Fixed Rate Notes due 8 August |
JPY 300.0 | JPY 100.0 | 33.3% | JPY 1,027.50 | |||||
|
2016 |
|||||||||
|
ISIN: XS0263873373 |
|||||||||
|
8.59% Fixed Rate Notes due September |
MXN 265.1 | MXN 7.0 | 2.6% | MXN 1,061.25 | |||||
|
15, 2016* |
|||||||||
|
ISIN: XS0266561769 |
|||||||||
|
Fixed Rate Notes due 24 October 2016 |
JPY 20,000.0 | JPY 0.0 | 0.0% | JPY 1,051.25 | |||||
|
ISIN: XS0287306830 |
|||||||||
|
2.75 per cent. Notes due 2016† |
CHF 53.0 | CHF 9.1 | 17.1% | CHF 1,057.50 | |||||
|
ISIN: CH0027962825 |
|||||||||
|
7.98% Fixed Rate Notes due 15 June |
MXN 752.0 | MXN 52.0 | 6.9% | MXN 1,075.00 | |||||
|
2017* |
|||||||||
|
ISIN: XS0305757337 |
|||||||||
|
3.375 per cent. Notes due 2017† |
CHF 34.5 | CHF 16.0 | 46.3% | CHF 1,086.25 | |||||
|
ISIN: CH0031390476 |
|||||||||
|
Fixed Rate Notes due 22 November |
JPY 20,000.0 | JPY 0.0 | 0.0% | JPY 1,065.00 | |||||
|
2017 |
|||||||||
|
ISIN: XS0309312469 |
|||||||||
|
Fixed Rate Notes due April 24, 2018 |
JPY 20,000.0 | JPY 0.0 | 0.0% | JPY 1,080.00 | |||||
|
ISIN: XS0309298296 |
|||||||||
|
Fixed Rate Notes due 23 August 2018 |
JPY 20,000.0 | JPY 0.0 | 0.0% | JPY 1,080.00 | |||||
|
ISIN: XS0309312113 |
|||||||||
|
5.450% Medium-Term Notes, Series |
USD 243.7 | USD 65.1 | 26.7% | USD 1,076.62‡ | |||||
|
MP, Matched Investment Program, |
|||||||||
|
Due May 18, 2017 |
|||||||||
|
CUSIP: 02687QBW7 |
|||||||||
|
ISIN: US02687QBW78 |
|||||||||
|
5.000 per cent. notes due 2017* |
EUR 370.2 | EUR 39.6 | 10.7% | EUR 1,092.15‡ | |||||
|
ISIN: XS0307512722 |
|||||||||
_______
* Listed on the Official List of the
† Listed on the SIX Swiss Exchange.
‡ Assuming payment is made on
View source version on businesswire.com: http://www.businesswire.com/news/home/20150702005346/en/
Source:
American International Group, Inc.
Liz Werner (Investors),
212-770-7074
elizabeth.werner@aig.com
or
Jennifer
Hendricks Sullivan (Media), 212-770-3141
jennifer.sullivan@aig.com