UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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Section 8 – Other Events
Item 8.01. Other Events.
On March 23, 2023, American International Group, Inc. (“AIG”) launched an offering targeting the issuance of a minimum of $500 million in senior unsecured bonds, the net proceeds of which will be used for general corporate purposes, including the repurchase of AIG common stock and the retirement of AIG debt. The offering is intended to provide AIG with additional flexibility to continue its capital management priorities, particularly with respect to share repurchases, while maintaining its targeted 20-25% leverage ratio post-deconsolidation of Corebridge Financial, Inc.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| AMERICAN INTERNATIONAL GROUP, INC. (Registrant) | |||
| Date: March 23, 2023 | By: | /s/ Prabha Sipi Bhandari | |
| Name: | Prabha Sipi Bhandari | ||
| Title: | Senior Vice President, Deputy General Counsel and Corporate Secretary | ||