| Term
Sheet | ||
| Issuer: | American International Group, Inc. (“AIG”) | |
| Type: | Senior Unsecured Notes | |
| Principal Amount: | $2,500,000,000.00 | |
| Use of Proceeds: | General corporate purposes, which may include the repurchase of shares of AIG’s common stock. | |
| Trade Date: | December 7, 2007 | |
| Issue Date (Settlement Date): | December 12, 2007 (T+3) | |
| Maturity Date: | January 16, 2018 | |
| Interest Rate: | 5.850% | |
| Interest Payment Dates: | Semi-annually on the 16th of January and July, commencing July 16, 2008 | |
| Price to Public: | 99.449% | |
| Underwriting Discount: | 0.40% | |
| All-In Price: | 99.049% | |
| Net Proceeds: | $2,476,225,000.00 | |
| Redemption Provisions: | None | |
| Authorized Denominations: | $2,000 and integral multiples of $1,000 in excess thereof | |
| Managing Underwriters: | Banc of America Securities LLC, Credit Suisse Securities (USA) LLC, Lehman Brothers Inc. | |
| Co-Managers: | Daiwa Securities America Inc., KeyBanc Capital Markets Inc., Mitsubishi UFJ Securities International plc, Mizuho Securities USA Inc., Scotia Capital (USA) Inc., SG Americas Securities, LLC | |
| CUSIP: | 02687QDG0 | |
| The Issuer has
filed a registration statement (including a prospectus) with the SEC for the
offering to which this communication relates. Before you invest, you should
read the prospectus in that registration statement and other
documents the Issuer has filed with the SEC for more complete information about the Issuer and this offering. You may get
these documents for free by visiting EDGAR on the SEC website
at www.sec.gov. Alternatively, the Issuer,
any underwriter or any dealer participating in the offering will
arrange to send you the prospectus if you request it by calling Banc
of America Securities LLC toll-free at 1-800-294-1322 or
e-mailing dg.prospectus distribution@bofasecurities.com, by calling Credit Suisse Securities (USA) LLC toll-free at 1-800-221-1037, or by calling Lehman Brothers Inc. toll-free at 1-888-603-5847. |
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