Bring on tomorrow - AIG.com

ITEM 8 / NOTE 15. DEBT OUTSTANDING.....................................................................................................................................................................................Credit Facilities..............................................................................................................................................................................................On October 5, 2012, we terminated our previously outstanding $1.5 billion 364-Day syndicated credit facility andamended and restated the four-year syndicated credit facility that was entered into in October 2011 (the PreviousFacility). The amended and restated four-year syndicated credit facility, the Four-Year Facility, provides for$4.0 billion of unsecured revolving loans (increased from $3.0 billion in the Previous Facility), which includes a$2.0 billion letter of credit sublimit (increased from $1.5 billion in the Previous Facility). The approximately $1.0 billionof previously issued letters of credit under the Previous Facility were rolled into the letter of credit sublimit within theFour-Year Facility. As a result, a total of approximately $3.0 billion remains available under the Four-Year Facility, ofwhich approximately $1.0 billion remains available for letters of credit. We expect that we may draw down on theFour-Year Facility from time to time, and may use the proceeds for general corporate purposes. The Four YearFacility also provides for the issuance of letters of credit. The Four-Year Facility is summarized in the following table.December 31, 2012(in millions) Available EffectiveFacility Size Amount Expiration DateFour-Year Syndicated Credit Facility $ 4,000 $ 3,037 October 2016 10/05/2012..................................................................................................................................................................................................................................AIG 2012 Form 10-K 291