American Express (AXP) has released an update.
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American Express Company has successfully issued $2 billion in notes, with $1.7 billion as 5.098% Fixed-to-Floating Rate Notes and $300 million as Floating Rate Notes, both due in 2028. This financial move, underpinned by a senior indenture agreement with The Bank of New York Mellon as trustee, is aimed at savvy investors looking to diversify with secure debt instruments from a reputable issuer.
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