Issuer:
|
American International Group, Inc. | |
Legal Format:
|
SEC Registered | |
Securities:
|
6.400% Notes Due 2020 | |
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:
|
December 15, 2020 | |
Principal Amount:
|
$1,500,000,000 | |
Price to Public:
|
99.741% of principal amount | |
Gross Underwriting Discount:
|
0.625% | |
Proceeds to Issuer Before Expenses:
|
$1,486,740,000 | |
Spread to Treasury Benchmark:
|
362.5 basis points | |
Treasury Benchmark:
|
2.625% due November 15, 2020 | |
Treasury Benchmark Yield:
|
2.810% | |
Coupon:
|
6.400% | |
Yield to Maturity:
|
6.435% | |
Interest Payment Dates:
|
Semi-annually on the 15th of June and December, commencing June 15th, 2011 | |
Optional Redemption:
|
Make-whole redemption at any time at a discount rate of US Treasury + 50 bps | |
CUSIP; ISIN:
|
026874BW6; US026874BW66 | |
Book-Running Managers:
|
BofA Merrill Lynch Barclays Capital Citi Morgan Stanley |
Co-Managers: |
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 |