UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
DATE OF REPORT (Date of earliest event reported): March 31, 2010
Commission file number 1-06155 AMERICAN GENERAL FINANCE CORPORATION | ||
(Exact name of registrant as specified in its charter) | ||
Indiana |
| 35-0416090 |
(State of Incorporation) |
| (I.R.S. Employer Identification No.) |
601 N.W. Second Street, Evansville, IN |
| 47708 |
(Address of principal executive offices) |
| (Zip Code) |
(812) 424-8031 | ||
(Registrants telephone number, including area code) |
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
¨
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
¨
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
¨
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
¨
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 8.01. Other Events.
On March 31, 2010, American General Finance Corporation (AGFC) commenced a marketing process for a proposed $2.0 billion secured term loan facility (the Facility). AGFC anticipates that the borrower under the Facility will be a newly formed, wholly-owned special purpose subsidiary of AGFC, and that the Facility would be guaranteed by AGFC and certain of its operating subsidiaries, and secured to the extent permitted under AGFCs existing debt agreements. AGFC intends to use the proceeds to repay existing debt and fund its lending activities.
Completion of the Facility is subject to, among other things, successful marketing of the Facility and the negotiation and execution of definitive documentation. No assurance can be given that the Facility will be completed, and if completed, on what terms.
Signature
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
| AMERICAN GENERAL FINANCE CORPORATION |
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| (Registrant) |
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Date: | March 31, 2010 |
| By | /s/ | Donald R. Breivogel, Jr. |
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| Donald R. Breivogel, Jr. |
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| Senior Vice President and Chief Financial Officer |
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