American Express Issues $3.0 Billion in Senior Notes

Overview

On October 30, 2026, American Express Company filed a Current Report on Form 8-K under Item 8.01 (Other Events) announcing the issuance and sale of $3.0 billion aggregate principal amount of senior notes.

Offering Summary

The notes were issued pursuant to a Prospectus Supplement dated October 26, 2026, under the company's Registration Statement on Form S-3 (No. 333-276975) and a senior indenture dated August 1, 2007 (as supplemented):

• $1,500,000,000 aggregate principal amount of 5.447% Fixed-to-Floating Rate Notes due October 30, 2030
• $1,150,000,000 aggregate principal amount of 5.817% Fixed-to-Floating Rate Notes due October 27, 2034
• $350,000,000 aggregate principal amount of Floating Rate Notes due October 30, 2030

Market & Capital Structure Impact

This issuance represents a routine refinancing and liquidity management activity by American Express to support general corporate purposes and maintain debt maturity laddering. Because this is ordinary-course financing under an existing shelf registration, the trading significance is rated Low.