American International Group Inc.
AIG Announces Redemption of Zero Coupon Callable Notes Due 2047
Summary
On October 21, 2024, American International Group, Inc. (AIG) announced its intention to redeem all outstanding Zero Coupon Callable Notes Due 2047 on November 22, 2024, at a redemption price of 135.631% of the face amount. As of October 21, 2024, $400,000,000 face amount of the Notes was outstanding. This announcement is not a notice of redemption, and note holders should refer to the notice delivered by The Bank of New York Mellon, the trustee for the Notes.
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About American International Group Inc.
American International Group Inc. is a prominent multinational finance and insurance corporation. Its primary function is to provide a wide array of insurance products and services to clients globally. These offerings include general property and casualty insurance, life insurance, retirement solutions, and other financial services. AIG plays a critical role in the financial market by offering risk management solutions and safeguarding assets for both individuals and businesses. Operating across numerous sectors such as commercial, financial institutions, and personal insurance markets, AIG holds a significant presence in the global insurance landscape. The company is known for tailored products designed to meet diverse customer needs, ranging from small businesses to major corporations. Its broad market reach and longstanding industry experience make it a key player in driving insurance innovation and providing financial security. Founded in 1919 and headquartered in New York City, AIG continues to influence the financial market through strategic leadership and adaptation to changing financial and regulatory environments, consistently working towards strengthening its market position through technological advancements and sustainable practices.
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