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Debt securities

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Debt securities
IOUs created through loan-type transactions-commercial paper, bank CDs, bills, bonds, and other instruments.


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AIG has no current plans to issue the equity, equity-linked or capital securities included in the registration statement, but intends to continue its customary practice of issuing debt securities from time to time to meet its financing needs and those of certain of its subsidiaries.
The proposed statement would require that investments in equity securities with readily determinable fair values and all investments in debt securities be reported at fair value with gains and losses included in a statement of activities.
The net proceeds from the issuance of the debt securities will be used to refinance existing indebtedness and for general corporate purposes, including repurchases of Time Warner's common stock.
 
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