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AAG Holding Co. Inc., 7 1/4% Senior Debentures due 1/23/2034
Ticker Symbol: GFZ* CUSIP: 000336305 Exchange: NYSE
* NOTE: This security is no longer trading as of 7/13/2012
Security has been Called for: Friday, July 13, 2012
6/16/2012 -- Schwab has told a QOL user that GFW will be called on 7/13/2012 and we assume that the same call date will be correct for GFZ. We can find no information to confirm the calls but believe that the call information is correct. ____________ 6/8/2012 -- The net proceeds from the 6 3/8% Senior Notes due June 12, 2042 offering, together with cash on hand, will be used to redeem $112.5 million aggregate principal amount of 7½% Senior Notes due November 2033 and $86.25 million aggregate principal amount of 7¼% Senior Notes due January 2034, issued by one of our subsidiaries and guaranteed by us and another of our subsidiaries, in each case plus accrued and unpaid interest thereon to the date of redemption. If the underwriters exercise their option to purchase additional Senior Notes, any net proceeds from such exercise will be used either to redeem in part our 7 1/8% Senior Debentures due 2034, plus accrued and unpaid interest thereon to the date of redemption, of which $115 million aggregate principal amount is outstanding, or for general working capital purposes. ____________ Sept. 28, 2007--American Financial Group, Inc. (NYSE:AFG) announced today the completion of the previously announced merger by which Great American Financial Resources, Inc. acquired the GAFRI shares which AFG did not own. GAFRI paid $24.50 per share in cash for a total purchase price of approximately $225 million. The transaction is being funded primarily with cash from AFG.
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QUANTUMONLINE.COM SECURITY DESCRIPTION: AAG Holding Co. Inc., 7 1/4% Senior Debentures due 2034, issued in $25 denominations, guaranteed by Great American Financial Resources Inc. (NYSE: GFR), redeemable at the issuer's option on or after 1/23/2009 at $25 per share plus accrued and unpaid interest, maturing 1/23/2034, distributions of 7 1/4% ($1.8125) per annum are paid quarterly on 1/23, 4/23, 7/23 & 10/23 to holders of record on 1/8, 4/8, 7/8 & 11/8 respectively (NOTE: the ex-dividend date is at least 2 business days prior to the record date). Distributions paid by these debt securities are interest and as such are NOT eligible for the 15% tax rate on dividends and is also NOT eligible for the dividend received deduction for corporate holders. Units are expected to trade flat, which means accrued interest will be reflected in the trading price and the purchasers will not pay and the sellers will not receive any accrued and unpaid interest. The Debentures are unsecured senior obligations of the company and will rank equally with all existing and future unsecured senior indebtedness of the company. See the IPO prospectus for further information on the debt securities by clicking on the ‘Link to IPO Prospectus’ provided below.
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Go to Parent Company's Record (AFG)
IPO - 1/16/2004 - 3.00 Million Debentures @ $25.00/deb.
Link to IPO Prospectus
Market Value $75.0 Million
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Company's Online Information Links
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| Company's Online SEC EDGAR Filings |
| Company's Email Address Links |
| Address and Phone Numbers |
| Address: One East Fourth Street, Cincinnati, OH 45202 |
| Main Phone Number |
513-579-2121 |
| Fax Number |
513-412-0200 |
| Investor Relations
Anne N. Watson
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513-579-6652
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| Toll Free Phone Number |
800-368-3417 |
| CEO - Carl H. Lindner |
CEO - Carl H. Lindner III |
TRS - Keith A. Jensen |
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