New Issue: American General Finance prices $650 million one-year floaters to yield Libor plus 25 bps

By Jennifer Chiou

New York, Sept. 13 - American General Finance Corp. priced $650 million of floating-rate notes (A1/A+/A+) due Sept. 18, 2008 at par to yield Libor plus 25 basis points, according to an FWP filing with the Securities and Exchange Commission.

Interest is payable quarterly.

The bookrunners were ABN Amro Inc., Citigroup Global Markets Inc., HSBC Securities (USA) Inc. and J.P. Morgan Securities Inc.

Issuer:	American General Finance Corp.
Amount:	$650 million
Maturity:	Sept. 18, 2008
Security description:	Floating-rate medium-term series J notes
Bookrunners:	ABN Amro Inc., Citigroup Global Markets Inc., HSBC Securities (USA) Inc., J.P. Morgan Securities Inc.
Coupon:	Libor plus 25 bps
Price:	Par
Yield:	Libor plus 25 bps
Trade date:	Sept. 14
Settlement date:	Sept. 18
Ratings:	Moody's: A1
	Standard & Poor's: A+
	Fitch: A+
Fees:	0.05%

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