American International Group Inc (NYSE:AIG) has announced theclosing of the sale of $1.5 billion Notes, which have an aggregate principal amount of AIG’S 3.300% and are due in 2021. AIG made the announcement after satisfying the financial conditions of it debentures issued or guaranteed by AIG and the previously announced maximum cash tender offer notes in the offer described in the offer to purchase dated February 23,2016. The stipulated time to participate in the bidding is from 5:00 pm New York City Time on Feb 23, 2016, to March 21, 2016, at 11:59 PM. The payment date for the tender will follow the expiration of the tender period and is expected to be on March 23, 2016.
Global Bondholder Service Corporation has been selected as the Information Agent and Depositary for this tender offer. Any request for documentation to the offer or even questions relating to the tendering of securities should be directed to theCorporationby telephone at (212) 430-3774 for brokers and banks only and through (866) 924-2200 for all other toll-free,+001 (212) 430-3774 for international call, or by email at aig@gbsc-usa.com.
Some of the statement included in the press release, for example, those describing the competition of the tender offer are aforward-looking statement. It should be notedthat the declaration themselves are not historical facts but a representation of AIG brief view about future events. Many of these future events are inherently uncertain and outside AIG’s control. This means that the future might differ, possibly materially from the anticipated results. Some of the factors that could bring about these possibilities have been discussed in the AIG’s periodic filing with the SEC under the Securities Exchange Act of 1934.
AIG is a marketing name for life, retirement property -casualty and general insurance of American International Group, Inc. All products and services are Witten or provided by affiliates of asubsidiary of American International Group, Inc. Goods and services are not available in all countries, and coverage is subject to actual policy language. Non-insurance services and products can be provided by independent their parties.
