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AIG plans to repurchase all 4.875% notes due 2016, 3.8% notes due 2017
By Tali Rackner
Norfolk, Va., July 1 – American International Group, Inc. will redeem all $790,175,00 of its of 4.875% notes due 2016 and all $1.25 billion of its 3.8% notes due 2017, according to a press release.
The notes will be redeemed at par plus accrued interest on July 31.
The insurance company is based in New York City.
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