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AIG Announces Reference Yields For Its Tender Offer For Certain Sterling And Euro Denominated Debt Securities

American International Group, Inc. (NYSE: AIG) today announced the reference yields for its previously announced modified “Dutch Auction” cash tender offer for its junior subordinated debentures denominated in sterling and euros set forth in the table below (the “Sterling and Euro Debentures”) pursuant to its offer to purchase dated February 19, 2013 (the “Offer to Purchase”). The complete terms of the tender offer are set forth in the Offer to Purchase, including certain capitalized terms used but not defined herein.

As of 2:00 p.m., London time, on March 4, 2013, the reference yield for each series of Sterling and Euro Debentures, based on the mid-market price of the applicable reference security, was as follows:

Title of Security    

Security Identifier


Reference Security

    Bloomberg Reference Page    

Reference Yield

8.625% Series A-8 Junior Subordinated Debentures

ISIN: XS0365317113 (144A) /

XS0365314284 (Reg S)

5.00% UK Gilt

Treasury due

March 7, 2018




8.000% Series A-7 Junior Subordinated Debentures

ISIN: XS0365324838 (144A) /

XS0365323608 (Reg S)

4.00% German

Bunds due

January 4, 2018




These reference yields will be used to determine the consideration paid for each series of Sterling and Euro Debentures that are accepted for purchase after expiration of the tender offer.

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