AIG Announces Final Results Of Its Tender Offers


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


American International Group, Inc. (NYSE: AIG) today announced the final results as of 11:59 p.m., New York City time, on July 10, 2014 (the “Expiration Date”) of its previously announced cash tender offers for up to $1.8 billion maximum aggregate purchase price of the junior subordinated debentures issued or guaranteed by AIG listed in the table below under the caption “Junior Tender Offer” (the “Junior Debt Securities”) and up to $700 million maximum aggregate purchase price of the senior notes and debentures issued or guaranteed by AIG listed in the table below under the caption “Senior Tender Offer” (the “Senior Debt Securities” and, together with the Junior Debt Securities, the “Securities”), pursuant to its offer to purchase dated June 12, 2014 (the “Offer to Purchase”). The complete terms of the tender offers, including certain capitalized terms used but not defined herein, are set forth in the Offer to Purchase and, as applicable, the related letter of transmittal. “The successful completion of the tender offers continues to illustrate that AIG is delivering on its capital management goals while illustrating its financial flexibility,” said Robert H. Benmosche, President and Chief Executive Officer of AIG. As of the Expiration Date, the principal amount of Securities of each series outstanding and validly tendered and accepted by AIG, the Acceptance Priority Level (where applicable) and the Total Consideration per $1,000, £1,000 or €1,000 principal amount are as set forth in the table below. The Total Consideration includes an early participation amount of $50, £50 or €50 per $1,000, £1,000 or €1,000 principal amount, as applicable (the “Early Participation Amount”), of Securities validly tendered prior to 5:00 p.m., New York City time, on June 25, 2014 (the “Early Participation Date”) and accepted for purchase. Holders whose Securities were validly tendered after the Early Participation Date and on or prior to the Expiration Date and accepted for purchase will be entitled to receive the Total Consideration less the Early Participation Amount. For a breakdown in Table Format, see here: http://www.businesswire.com/news/home/20140711005371/en#.U7_cgfldXh4

27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


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