8-KOther EventsExhibits & Filings

AMERICAN INTERNATIONAL GROUP, INC. 8-K Report, Corporate Update (Jun 15, 2017)

Filed June 15, 2017For Securities:AIG

Summary

American International Group, Inc. (AIG) announced on June 15, 2017, its intention to redeem all outstanding 4.90% Callable Notes Due July 17, 2045. This action involves the repayment of approximately $290 million in principal, plus accrued interest, on July 17, 2017. Investors holding these specific notes will receive 100% of the principal amount along with any accrued interest up to the redemption date. This redemption indicates AIG's proactive management of its debt obligations. While this specific filing does not serve as the formal redemption notice, it informs the market and noteholders about the upcoming event. Investors should note that this event relates to a specific debt instrument and does not represent a broader financial restructuring or a change in AIG's overall financial health, beyond the management of its capital structure.

Key Highlights

  • 1AIG to redeem all outstanding 4.90% Callable Notes Due July 17, 2045.
  • 2Redemption date set for July 17, 2017.
  • 3Approximately $290 million in aggregate principal amount of notes will be redeemed.
  • 4Redemption price will be 100% of the principal amount plus accrued and unpaid interest.
  • 5This is an announcement of intent and not the formal notice of redemption.
  • 6Holders of the Notes should refer to the official notice of redemption from the trustee.

Frequently Asked Questions

AIG is announcing its intention to redeem all of its outstanding 4.90% Callable Notes Due July 17, 2045, on July 17, 2017.

AIG will repay the principal amount of approximately $290,000,000, plus any accrued and unpaid interest up to the redemption date.

The redemption price is 100% of the principal amount of the notes, plus accrued and unpaid interest to, but not including, July 17, 2017.

No, this filing explicitly states that it does not constitute a notice of redemption. Holders of the Notes should refer to the separate notice of redemption delivered by The Bank of New York Mellon, the trustee.