AIG Announces Results and Upsizing of Its Tender Offers for Certain Outstanding Notes
The Offers expired at
According to information provided by
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Acceptance Priority Level(1) |
Title of Security |
Original Issuer |
CUSIP/ISIN |
Principal Amount Outstanding |
Total Consideration(1) |
Principal Amount Tendered(2) |
Principal Amount Accepted(2) |
Principal Amount Reflected in Notices of Guaranteed Delivery |
1 |
5.750% Series A-2 Junior Subordinated Debentures Due 2037 |
AIG |
026874BF3 / XS0291641420 |
£42 |
£1,000.00 |
£41,350,000
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£41,350,000
|
— |
2 |
4.875% Series A-3 Junior Subordinated Debentures Due 2037 |
AIG |
026874BG1 / XS0291642154 |
€91 |
€972.50 |
€49,850,000 |
€49,850,000 |
— |
3 |
8.175% Series A-6 Junior Subordinated Debentures Due 2058 |
AIG |
026874BS5 / US026874BS54 |
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— |
4 |
6.250% Series A-1 Junior Subordinated Debentures Due 2037 |
AIG |
026874BE6 / US026874BE68 |
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5 |
8.875% Senior Notes Due 2040 |
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91915WAB8 / US91915WAB81 |
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6 |
5.00% Notes Due 2023 |
AIG |
N/A / XS0252367775 |
£500 |
£1,030.37 |
£188,600,000 |
£188,600,000 |
— |
7 |
4.700% Notes Due 2035 |
AIG |
026874DE4 / US026874DE41 |
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— |
8 |
3.750% Notes Due 2025 |
AIG |
026874DD6 / US026874DD67 |
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9 |
4.500% Notes Due 2044 |
AIG |
026874DA2 / US026874DA29 |
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10 |
3.400% Notes Due 2030 |
AIG |
026874DR5 / US026874DR53 |
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11 |
4.375% Notes Due 2055 |
AIG |
026874DB0 / US026874DB02 |
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12 |
4.125% Notes Due 2024 |
AIG |
026874CY1 / US026874CY14 |
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13 |
3.875% Notes Due 2035 |
AIG |
026874DC8 / US026874DC84 |
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14 |
4.200% Notes Due 2028 |
AIG |
026874DK0 / US026874DK01 |
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15 |
4.375% Notes Due 2050 |
AIG |
026874DP9 / US026874DP97 |
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— |
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16 |
4.250% Notes Due 2029 |
AIG |
026874DN4 / US026874DN40 |
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17 |
6.250% Notes Due 2036 |
AIG |
026874AZ0 / US026874AZ07 |
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— |
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18 |
6.820% Notes Due 2037 |
AIG |
026874CW5 / US026874CW57 |
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— |
— |
19 |
4.800% Notes Due 2045 |
AIG |
026874DF1 / US026874DF16 |
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— |
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20 |
4.750% Notes Due 2048 |
AIG |
026874DL8 / US026874DL83 |
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— |
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21 |
3.900% Notes Due 2026 |
AIG |
026874DH7 / US026874DH71 |
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— |
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22 |
2.500% Notes Due 2025 |
AIG |
026874DQ7 / US026874DQ70 |
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— |
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23 |
1.875% Notes Due 2027 |
AIG |
N/A / XS1627602201 |
€1,000 |
€1,002.50 |
€127,489,000 |
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(1) |
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The Total Consideration for each series of Notes (such consideration, the “Total Consideration”) payable per each |
(2) |
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The amounts exclude the principal amounts of Notes for which Holders have complied with certain procedures applicable to guaranteed delivery pursuant to the Guaranteed Delivery Procedures. Such amounts remain subject to the Guaranteed Delivery Procedures. Notes tendered pursuant to the Guaranteed Delivery Procedures are required to be tendered at or prior to |
Overall,
Upon the terms and subject to the conditions set forth in the Tender Offer Documents, Holders whose Notes have been accepted for purchase in the Offers will receive the applicable Total Consideration for each
AIG has retained
This press release is neither an offer to purchase nor a solicitation of an offer to sell the Notes or any other securities. The Offers were made only by and pursuant to the terms of the Offer to Purchase and only to such persons and in such jurisdictions as is permitted under applicable law. The information in this press release is qualified by reference to the Offer to Purchase.
Certain statements in this press release, including those describing the completion of the 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
About AIG
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
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