American Express issues €750M 3.835% notes due 2034
American Express Company issued €750,000,000 of 3.835% Fixed-to-Floating Rate Notes due June 16, 2034.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
8-K
Rhea-AI Filing Summary
American Express Company issued €750,000,000 of 3.835% Fixed-to-Floating Rate Notes due June 16, 2034. The notes were issued on June 17, 2026 under an existing shelf registration on Form S-3, using a prospectus dated February 9, 2024 and a June 10, 2026 prospectus supplement.
The notes are senior debt securities issued under a senior indenture dated August 1, 2007 with The Bank of New York Mellon as trustee, as amended by supplemental indentures from 2021 and 2023. The filing also includes a legal opinion from Cleary Gottlieb Steen & Hamilton LLP and related counsel consents as exhibits.
8-K Event Classification
Item 9.01 — Financial Statements and Exhibits
1 item
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Key Figures
Notes principal amount: €750,000,000
Coupon rate: 3.835%
Maturity date: June 16, 2034
3 metrics
Notes principal amount
€750,000,000
Aggregate principal amount of notes issued June 17, 2026
Coupon rate
3.835%
Fixed rate on Fixed-to-Floating Rate Notes
Maturity date
June 16, 2034
Due date of 3.835% Fixed-to-Floating Rate Notes
Key Terms
Fixed-to-Floating Rate Notes, Prospectus Supplement, Registration Statement on Form S-3, senior indenture, +1 more
5 terms
Fixed-to-Floating Rate Notes financial
"€750,000,000 aggregate principal amount of 3.835% Fixed-to-Floating Rate Notes due June 16, 2034"
Prospectus Supplement regulatory
"pursuant to a Prospectus Supplement dated June 10, 2026 to the Prospectus dated February 9, 2024"
A prospectus supplement is an additional document provided alongside a company's main offering details, offering updated or extra information about a specific financial product being sold. It helps investors understand the latest terms, risks, and details of the investment, similar to how an update or revision clarifies or expands on original instructions, ensuring they have current and complete information before making a decision.
Registration Statement on Form S-3 regulatory
"filed as part of the Company's Registration Statement on Form S-3 (No. 333-276975)"
A registration statement on Form S‑3 is a short, standardized filing a qualified public company uses to register new securities with regulators so they can be sold to investors; think of it as a pre-approved, reusable permission slip that speeds up future offerings. It matters to investors because it lets the company raise money more quickly and cheaply — which can fund growth or pay debt — but may also lead to share dilution or change in ownership, so it affects value and liquidity.
senior indenture financial
"The Notes were issued under a senior indenture, dated as of August 1, 2007"
trustee financial
"between the Company and The Bank of New York Mellon, as trustee"
A trustee is a person or institution legally appointed to hold and manage assets or enforce an agreement on behalf of other people (beneficiaries). Think of a trustee as a neutral referee or custodian who must act in the beneficiaries’ best interests, follow the trust or contract rules, and handle distributions, recordkeeping and enforcement. Investors care because a trustworthy trustee protects their rights, ensures promised payments or remedies are delivered, and can influence recoveries if things go wrong.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What debt securities did American Express (AXP) issue in this 8-K?
American Express issued €750,000,000 of 3.835% Fixed-to-Floating Rate Notes due June 16, 2034. These notes are senior debt securities and form part of the company’s broader financing activities under its existing shelf registration.
When do the new American Express (AXP) 3.835% notes mature?
The 3.835% Fixed-to-Floating Rate Notes issued by American Express mature on June 16, 2034. Investors receive a fixed 3.835% rate initially, followed by a floating rate, with the notes structured as long-term senior debt obligations of the company.
What is the total principal amount of notes issued by American Express (AXP)?
American Express issued notes with an aggregate principal amount of €750,000,000. This euro-denominated issuance provides long-term funding, with the securities structured as Fixed-to-Floating Rate Notes under the company’s existing Form S-3 shelf registration.
Under what registration statement were the new American Express (AXP) notes issued?
The notes were issued under American Express’s Registration Statement on Form S-3, file number 333-276975. They were offered pursuant to a base prospectus dated February 9, 2024 and a related prospectus supplement dated June 10, 2026.
Who is the trustee for the new American Express (AXP) notes?
The Bank of New York Mellon acts as trustee for these notes under a senior indenture dated August 1, 2007. That indenture has been supplemented by additional indentures from February 12, 2021 and May 1, 2023, governing the terms of the senior debt.
What legal opinions were filed with this American Express (AXP) 8-K?
American Express filed an opinion and consent from Cleary Gottlieb Steen & Hamilton LLP as Exhibit 5, along with a related consent of counsel in Exhibit 23. These exhibits support the validity of the notes and are incorporated into the Form S-3 registration.
AI-generated analysis. How Rhea-AI works. Not financial advice.
