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American Intl Group, MITTS Nikkei 225 Index due 1/5/2011
Ticker Symbol: NOW** CUSIP: 026874883 Exchange: NYSEA
* NOTE: This security is no longer trading as of 1/05/2011
QUANTUMONLINE.COM SECURITY DESCRIPTION: American Intl Group Inc., Nikkei 225 Index MITTS (Market Index Target-Term Securities), linked to the value of the Nikkei 225 Index, due 1/5/2011, and issued at $10 per unit. The MITTS will make no payments before maturity and can not be redeemed prior to their maturity date. At maturity the MITTS will pay a minimum of the $10 principal amount, plus an supplemental redemption amount based on the increase, if any, in the value of the Nikkei 225 Index above the starting value of 17,932.27 on 6/28/2007, multiplied by a participation rate of 105%. See page PS-3 of the IPO prospectus for further information on the calculation of the maturity payment, see page PS-5 for hypothetical examples of the calculation of the maturity payment, and see page PS-5 for information on the tax considerations involving the MITTS. The MITTS are Series AIG-FP medium-term notes which are senior unsecured debt securities issued by American Intl Group Inc. (AIG) and will rank equally with all other unsecured and unsubordinated debt of AIG. See the IPO prospectus for further information on the MITTS by clicking on the ‘Link to IPO Prospectus’ provided below.
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Go to Parent Company's Record (AIG)
IPO - 7/2/2007 - 1.21 Million Units @ $10.00/unit.
Link to IPO Prospectus
Market Value $12.1 Million
Company's Online Information Links
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HOME PAGE:
http://www.aig.com/
(This parent company URL is for reference only and does not have specific information on the security.)
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Company's Online SEC EDGAR Filings |
Company's Email Address Links |
Address and Phone Numbers |
Address: 70 Pine Street, New York, NY 10270 |
Main Phone Number |
212-770-7000 |
Fax Number |
212-943-1125 |
Investor Contact
Charlene M. Hamrah
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212-770-7074
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CHR - Martin J. Sullivan |
CFO - Steven J. Bensinger |
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