Summary by Moomoo AI
American Express announced the issuance of $3.4 billion in notes on July 26, 2024, comprising three different series. The offering includes $1.2 billion of 5.043% Fixed-to-Floating Rate Notes due 2028, $1.7 billion of 5.284% Fixed-to-Floating Rate Notes due 2035, and $500 million of Floating Rate Notes due 2028.The notes were issued under a senior indenture dated August 1, 2007, between American Express and The Bank of New York Mellon as trustee, with subsequent supplemental indentures from February 12, 2021, and May 1, 2023. The issuance was made pursuant to a Prospectus Supplement dated July 22, 2024, to the Prospectus dated February 9, 2024.
