Redemption Process
(Updated May 2, 2007)
AIM called for redemption of all of the debentures
outstanding on December 31, 2006. The redemption price was the face amount of
the debenture ($1,000 per debenture). The terms of the debentures required the
Company to pay the redemption price to those persons who were the registered
owners of the debentures that were outstanding on December 31, 2006. The payment
of the redemption price was required to be made on May 1, 2007. No interest was
required to be paid on the debentures.
AIM mailed checks on May 1, 2007 for the redemption
price to each person registered in its records as the owner of a debenture that
was outstanding on December 31, 2006. The check was mailed to the last address
in its records for the registered owner. The registered owner of the debenture
was not required to surrender the debenture or take any other action in order
for his or her debenture to be redeemed on May 1, 2007.
Anyone who has not received a check for the
redemption of his or her outstanding debenture should contact AIM. |