AIG Further Extends the Expiration Time for the Tender Offers for all Notes and Consent Solicitations for the SunAmerica Notes

On May 11, 2021, American International Group, Inc. (NYSE: AIG) announced that it commenced cash tender offers (the “Tender Offers”) and solicitations of consents (the “Consent Solicitations”) for certain outstanding notes.

The Tender Offers and Consent Solicitations are being made pursuant to AIG’s Offer to Purchase and Consent Solicitation Statement for the SunAmerica Notes (as defined below), dated May 11, 2021, and AIG’s Offer to Purchase and Consent Solicitation Statement for the AIG Life Holdings Notes (as defined below), dated May 11, 2021 (each, an “Offer to Purchase and Consent Solicitation Statement”) and the related letters of transmittal, which set forth a more comprehensive description of the terms of each Tender Offer and Consent Solicitation.

AIG today announced that:

• it is further extending the period for holders of the SunAmerica Notes to deliver consents until 5:00 p.m., New York City time, on June 28, 2021 (the “Extended SunAmerica Consent Expiration Time”); and
• it is further extending the expiration of the Tender Offers and extending the payment of the Total Consideration to any tenders of notes received on or before 5:00 p.m., New York City time, on June 28, 2021 (the “New Extended Expiration Time”).

AIG does not currently expect to further extend either deadline beyond 5:00 p.m., New York City time, on June 28, 2021.

The Tender Offers consist of an offer to purchase any and all of the following series of notes:

Title		Original Issuer		CUSIP No.
7.57% Junior Subordinated Deferrable Interest Debentures, Series A		American General Corporation(1)		00138GAB5
8 1/8% Junior Subordinated Deferrable Interest Debentures, Series B		American General Corporation(1)		00138GAC3
7 ½% Notes due 2025		American General Corporation(1)		026351AU0
6 5/8% Notes due 2029		American General Corporation(1)