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Prospect News home > News index > List of issuers A > Headlines for American International Group, Inc. > News item
Published on 8/17/2023 in the Prospect News Investment Grade Daily, Prospect News Liability Management Daily and Prospect News Preferred Stock Daily.

AIG’s Validus calls all 8.875% senior notes due 2040

By Marisa Wong

Los Angeles, Aug. 17 – American International Group, Inc. announced that Validus Holdings, Ltd., an AIG company, will redeem all of its outstanding 8.875% senior notes due 2040 (Cusip: 91915WAB8) on Sept. 21.

The notes will be redeemed at par plus a make-whole premium.

As of Aug. 17, $199,115,000 principal amount of the notes was outstanding.

Validus provides reinsurance and insurance through subsidiaries and is based in Pembroke, Bermuda. Parent AIG is a finance and insurance company based in New York.


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