Business Context and Reporting Period
Company: American International Group, Inc.
Filing Type: Form 8-K (Current Report)
Date of Report: September 18, 2013
Event: Issuance of $25,000,000 aggregate principal amount of Medium-Term Notes, Series H, Senior Unsecured Floored Floating Rate Notes due September 18, 2023.
Key Financial Metrics
This filing reports a specific debt issuance event rather than periodic financial performance. The filing text does not provide values for revenue, profit, cash flow, margins, or overall liquidity positions.
- Debt Issuance: $25,000,000
- Instrument Type: Senior Unsecured Floored Floating Rate Notes
- Maturity Date: September 18, 2023
- Registration Basis: Automatic shelf registration statement on Form S-3 (File No. 333-182469)
Material Changes
The filing documents the execution of a new debt offering. No comparative financial data or material changes to prior period results are disclosed in this specific report.
Guidance, Outlook, and Risks
The filing contains no management commentary, forward-looking guidance, or specific risk factors beyond the standard legal opinion regarding the validity of the Notes. The transaction was executed pursuant to an existing shelf registration.
Investor Verification Checklist
- Verify the terms of the Medium-Term Notes, Series H, including the specific floor rate and interest calculation methodology.
- Confirm the use of proceeds from the $25,000,000 issuance in subsequent financial reports.
- Review the full text of the Opinion of James J. Killerlane III (Exhibit 5.1) regarding the validity of the Notes.
- Check the status of the underlying Form S-3 Registration Statement (File No. 333-182469) for any amendments or restrictions.