- Merrill Lynch, Pierce, Fenner & Smith Incorporated, at One Bryant Park, New York, NY 10036, toll free number: 1-800-294-1322;
- UBS Securities LLC at 299 Park Avenue, New York, NY 10171, Attn: Prospectus Specialist, toll free number: 1-877-827-6444, ext. 561 3884; and
- Wells Fargo Securities, LLC at 1525 West W.T. Harris Blvd., NC0675, Charlotte, NC 28262, Attn: Capital Markets Client Support, toll free number: 1-800-326-5897.
American Financial Group, Inc. (NYSE:AFG) (NASDAQ:AFG) announced today the sale of $125 million aggregate principal amount of 5¾% Senior Notes due August 25, 2042. The Senior Notes are redeemable on or after August 25, 2017, at 100% of their principal amount plus accrued and unpaid interest to the redemption date. AFG intends to apply for listing of the Senior Notes on The New York Stock Exchange. If approved, we expect trading in the Senior Notes to begin within 30 days of issuance under the symbol “AFA.” The net proceeds from the offering will be used to redeem all $115 million aggregate principal amount of our 7⅛% Senior Debentures due 2034 plus accrued and unpaid interest thereon to, but excluding, the date of redemption. Remaining proceeds will be used for general working capital purposes. This press release does not constitute an offer for sale of any securities. The Senior Notes may be offered only by means of a Prospectus Supplement and accompanying base Prospectus. Merrill Lynch, Pierce, Fenner & Smith Incorporated, UBS Securities LLC and Wells Fargo Securities, LLC acted as joint book-running managers for the offering. A copy of the Prospectus Supplement and accompanying base Prospectus relating to the offering may be obtained from: