PRICING SUPPLEMENT NO. AIG-FP-46A | FILED PURSUANT TO RULE 424(b)(2) | |
DATED DECEMBER 7, 2007 | REGISTRATION NOS. 333-106040; 333-143992 | |
TO PROSPECTUS DATED JULY 13, 2007 | ||
AND PROSPECTUS SUPPLEMENT DATED JULY 13, 2007 |
Principal Amount: U.S.$32,038,000*
|
Original Issue Date: December 12, 2007 | |
Price to Public (Issue Price): U.S. $32,101,942.51
(Principal Amount plus Accrued Interest)
|
Stated Maturity: November 27, 2047 | |
Agents Discount or Commission: U.S. $320,380
|
Interest Rate: 3 Month LIBOR - 25 bps | |
Net Proceeds to Issuer: U.S. $31,781,562.51 (U.S.
$31,717,620 plus Accrued Interest)
|
CUSIP No.: 02687QDC9 | |
Form: þ Book Entry o Certificated
|
Authorized Denominations: U.S.$1,000 and integral multiples of U.S.$1,000 in excess thereof. | |
Specified Currency (if other than U.S. dollars): N/A |
Agent | Principal Amount | |||||||
UBS Securities LLC
|
U.S.$28,600,000 | Capacity: | o Agent | þ Principal | ||||
Deutsche Bank Securities Inc.
|
U.S.$3,438,000 | Capacity: | o Agent | þ Principal |
If as Agent:
|
The notes are being offered at a fixed initial public offering price of ___% of principal amount. | |
If as Principal:
|
o The notes are being offered at varying prices related to prevailing market prices at the time of resale. | |
þ The notes are being offered at a fixed initial public offering price of 100% of principal amount plus Accrued Interest. |
Initial Interest Rate:
|
4.79% (equal to 3 Month LIBOR determined as of 11:00 a.m. London time on November 23, 2007, minus 25 basis points); the Initial Interest Rate is applied to the first calculation period that commences on and includes November 27, 2007 and ends on and excludes February 27, 2008 | |
Interest Reset Dates:
|
Quarterly on the 27th of each February, May, August, and November commencing on February 27, 2008 | |
Interest Payment Dates:
|
Quarterly on the 27th of each February, May, August, and November commencing on February 27, 2008 | |
Regular Record Dates:
|
15 calendar days prior to each Interest Payment Date | |
Accrued Interest:
|
$63,942.51 (calculated at the Initial Interest Rate accruing for the portion of the first calculation period commencing on and including November 27, 2007 to but excluding the Original Issue Date of December 12, 2007) |
Spread (+/-): - 25 bps | INTEREST RATE BASIS OR BASES: | |||||||
Spread Multiplier: N/A | o CD Rate | |||||||
Maximum Interest Rate: N/A | o CMT Rate | |||||||
Minimum Interest Rate: N/A | o CMT Reuters screen FRBCMT page | |||||||
Index Maturity: 3 Months | o CMT Reuters screen FEDCMT page | |||||||
o One-Week Average Yield | ||||||||
INTEREST CALCULATION: | o One-Month Average Yield | |||||||
þ Regular Floating Rate Note | o Commercial Paper Rate | |||||||
o Floating Rate/Fixed Rate Note | o Eleventh District Cost of Funds Rate | |||||||
Fixed Rate Commencement Date: | o Federal Funds Open Rate | |||||||
Fixed Interest Rate: | o Federal Funds Rate | |||||||
o Inverse Floating Rate Note | þ LIBOR | |||||||
Fixed Interest Rate: | þ Reuters screen LIBOR01 page | |||||||
o Reuters screen LIBO page | ||||||||
o Prime Rate | ||||||||
o Treasury Rate o Other |
* | The notes offered hereby are consolidated and form a single series with the $35,433,000 aggregate principal amount of American International Group, Inc., Medium-Term Notes, Series AIGFP, Floating Rate LIBOR Notes due November 27, 2047, issued on November 27, 2007. |
Redemption Date |
Redemption Price | |
November 27, 2037 |
105.000% | |
November 27, 2038 |
104.500% | |
November 27, 2039 |
104.000% | |
November 27, 2040 |
103.500% | |
November 27, 2041 |
103.000% | |
November 27, 2042 |
102.500% | |
November 27, 2043 |
102.000% | |
November 27, 2044 |
101.500% | |
November 27, 2045 |
101.000% | |
November 27, 2046 |
100.500% |
Repayment Date |
Repayment Price | |
November 27, 2008 |
97.50% | |
November 27, 2009 |
97.50% | |
November 27, 2010 |
97.75% | |
November 27, 2011 |
98.00% | |
November 27, 2012 |
98.00% | |
November 27, 2013 |
98.25% | |
November 27, 2014 |
98.50% | |
November 27, 2015 |
98.50% | |
November 27, 2016 |
98.75% | |
November 27, 2017 |
99.00% | |
November 27, 2018 |
99.00% | |
November 27, 2019 |
99.25% | |
November 27, 2020 |
99.50% | |
November 27, 2021 |
99.50% | |
November 27, 2022 |
99.75% | |
November 27, 2023 and each November 27 thereafter to, and |
100.00% | |
including, maturity |
Other Provisions: |
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Calculation Agent:
|
AIG Financial Products Corp. |