Issuer: | American International Group, Inc. | |||
Legal Format: | SEC Registered | |||
Securities: | 3.650% Notes Due 2014 | |||
Expected Ratings (Moodys/S&P)*: | A3/A- (outlook negative) | |||
Security Type: | Senior Unsecured Fixed Rate Notes | |||
Trade Date: | November 30, 2010 | |||
Settlement Date: | December 3, 2010 (T + 3) | |||
Maturity Date: | January 15, 2014 | |||
Principal Amount: | $500,000,000 | |||
Price to Public: | 99.969% of principal amount | |||
Gross Underwriting Discount: | 0.250% | |||
Proceeds to Issuer Before Expenses: | $498,595,000 | |||
Spread to Treasury Benchmark: | 295 basis points | |||
Treasury Benchmark: | 0.500% due November 15, 2013 | |||
Treasury Benchmark Yield: | 0.709% | |||
Coupon: | 3.650% | |||
Yield to Maturity: | 3.659% | |||
Interest Payment Dates: | Semi-annually on the 15th of January and July, commencing July 15th, 2011 | |||
Optional Redemption: | Make-whole redemption at any time at a discount rate of US Treasury + 50 bps | |||
CUSIP; ISIN: | 026874BV8; US026874BV83 | |||
Book-Running Managers: | BofA Merrill Lynch Barclays Capital Citi Morgan Stanley |
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Co-Managers:
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Senior | Junior | ||
Nomura | Blaylock | |||
RBC | Castle Oak | |||
Scotia | Kaufman Brothers | |||
SMBC | Leventhal | |||
Standard Chartered | MR Beal | |||
Wells Fargo | Toussaint |
* | Note: A securities rating is not a recommendation to buy, sell or hold securities and may be subject to revision or withdrawal at any time |