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8-KThe WireRoutine

Company Update

Filed Mar 23, 2023 · 3y ago · Accession 0001104659-23-035870

Plain English

Material event — a significant development the company must disclose promptly.

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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549     FORM 8-K   CURRENT REPORT Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934   Date of Report (Date of earliest event reported):  March 23, 2023   AMERICAN INTERNATIONAL GROUP, INC. (Exact name of registrant as specified in its charter)   Delaware   1-8787   13-2592361 (State or other jurisdiction of incorporation)   (Commission File Number)   (IRS Employer Identification No.)   1271 Avenue of the Americas New York , New York 10020 (Address of principal executive offices)   Registrant’s telephone number, including area code:   ( 212 ) 770-7000   Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions ( see General Instruction A.2. below):   ¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)     ¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)     ¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))     ¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))     Securities registered pursuant to Section 12(b) of the Act:   Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, Par Value $2.50 Per Share AIG New York Stock Exchange 4.875% Series A-3 Junior Subordinated Debentures AIG 67EU New York Stock Exchange Depositary Shares Each Representing a 1/1,000 th Interest in a Share of Series A 5.85% Non-Cumulative Perpetual Preferred Stock AIG PRA New York Stock Exchange   Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).   Emerging growth company   ¨   If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.   ¨             Section 8 – Other Events   Item 8.01. Other Events.   On March 23, 2023, American International Group, Inc. (“AIG”) launched an offering targeting the issuance of a minimum of $500 million in senior unsecured bonds, the net proceeds of which will be used for general corporate purposes, including the repurchase of AIG common stock and the retirement of AIG debt. The offering is intended to provide AIG with additional flexibility to continue its capital management priorities, particularly with respect to share repurchases, while maintaining its targeted 20-25% leverage ratio post-deconsolidation of Corebridge Financial, Inc.         SIGNATURES   Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.     AMERICAN INTERNATIONAL GROUP, INC. (Registrant)     Date: March 23, 2023 By: /s/ Prabha Sipi Bhandari     Name:  Prabha Sipi Bhandari     Title: Senior Vice President, Deputy General Counsel and Corporate Secretary
Filing details
Ticker
AIG
CIK
5272
Form type
8-K
Filing date
Mar 23, 2023
Report date
Mar 23, 2023
Document
tm2310341d1_8k.htm
Size
250 KB