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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Filing text
View original ↗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