AIG to Redeem Zero Coupon Callable Notes Due 2047
22 October 2024 - 7:16AM
Business Wire
American International Group, Inc. (NYSE: AIG) today announced
that it will redeem all of its outstanding Zero Coupon Callable
Notes Due 2047 (Common Code 168419864 / ISIN XS1684198648) (the
“Notes”) on November 22, 2024 (the “Redemption Date”). On the
Redemption Date, AIG will pay to the registered holders of the
Notes a redemption price equal to 135.631% of the face amount of
the Notes outstanding on such Redemption Date. As of October 21,
2024, $400,000,000 face amount of the Notes was outstanding.
This press release does not constitute a notice of redemption of
the Notes. Holders of the Notes should refer to the notice of
redemption delivered to the registered holders of the Notes by The
Bank of New York Mellon, the trustee with respect to the Notes.
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. (NYSE: AIG) is a leading
global insurance organization. AIG provides insurance solutions
that help businesses and individuals in approximately 190 countries
and jurisdictions protect their assets and manage risks through AIG
operations and network partners. For additional information, visit
www.aig.com. This website with additional information about AIG has
been provided as a convenience, and the information contained on
such website is not incorporated by reference into this press
release.
AIG is the marketing name for the worldwide operations of
American International Group, Inc. 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 jurisdictions, and coverage is subject to
underwriting requirements and 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.
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version on businesswire.com: https://www.businesswire.com/news/home/20241021655946/en/
Quentin McMillan (Investors): quentin.mcmillan@aig.com Claire
Talcott (Media): claire.talcott@aig.com
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