AIG Announces Secondary Public Offering of Its
Remaining Shares in Transatlantic Holdings
March 08, 2010 07:58 AM Eastern Time
NEW YORK--(EON: Enhanced Online News)--American International Group, Inc. (AIG) today announced that it
has commenced its secondary public offering of 9,192,662 shares of common stock of Transatlantic Holdings, Inc.
(TRH) owned by American Home Assurance Company (AHAC), a wholly-owned AIG subsidiary, which includes
shares that will be subject to a 30-day overallotment option.
The offering is concurrent with TRH’s addition to the S&P Midcap 400 Index. Index funds whose portfolios are
primarily based on stocks included in the S&P Midcap 400 Index may be required to purchase shares as a result of
the inclusion of TRH’s common shares in the index. The offering is intended to be marketed to these index funds and
to other investors, including non-index active investors. A portion of the total shares offered will be allocated to index
AHAC, TRH and Goldman, Sachs & Co., Wells Fargo Securities and BofA Merrill Lynch, the underwriters of the
offering, have entered into an agreement under which TRH will purchase two million of the shares owned by AHAC
as part of the offering, at a price per share based on the offering price of the public offering.
Questions regarding the offering may be directed to Goldman, Sachs & Co., Wells Fargo Securities and BofA
Merrill Lynch. A shelf registration statement relating to the offering of TRH common shares has previously been filed
with the U.S. Securities and Exchange Commission (SEC) and has become effective. The offering is being made
only by means of a prospectus supplement and accompanying prospectus, forming an effective part of the
registration statement. A prospective investor should read the prospectus supplement and the accompanying
prospectus for more complete information about TRH, AIG and AHAC and this offering. When available, this
document may be obtained at no cost by visiting EDGAR on the SEC website at www.se