American Express Company 5.043% 01-MAY-2034American Express Company 5.043% 01-MAY-2034American Express Company 5.043% 01-MAY-2034

American Express Company 5.043% 01-MAY-2034

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Key terms


Outstanding amount
‪1.25 B‬USD
Face value
1,000.00USD
Minimum denomination
2,000.00USD
Coupon
5.04% (Variable)
Coupon frequency
Semi-annual
Yield to maturity
5.10%
Maturity date
May 1, 2034
Term to maturity
9 years

About American Express Company 5.043% 01-MAY-2034


Sector
Finance
Industry
Finance/Rental/Leasing
Issue date
May 1, 2023
FIGI
BBG01GG00GQ1
American Express Co. engages in the provision of card-issuing, merchant-acquiring, and card network businesses. Its products and services include credit cards, business credit cards, corporate programs, gift cards, savings accounts and CDs, and the American Express App. It operates through the following segments: the United States Consumer Services (USCS), Commercial Services (CS), International Card Services (ICS), Global Merchant and Network Services (GMNS), and Corporate and Other. The USCS segment includes proprietary consumer cards and provides services to United States consumers. The CS segment offers corporate and small business cards and provides services to United States businesses. The ICS segment provides consumers, small businesses, and corporate cards outside the United States. The GMNS segment is involved in operating a global payments network that processes and settles card transactions, acquires merchants, and provides multi-channel marketing programs and capabilities, services and data analytics. The Corporate and Other segment covers corporate functions and certain other businesses and operations. It also operates through the following geographical segments: United States, EMEA, APAC, LACC, and Other. The EMEA segment represents Europe, the Middle East, and Africa. The APAC segment refers to Asia Pacific, Australia, and New Zealand. The LACC segment focuses on Latin America, Canada, and the Caribbean. The Other segment includes net costs which are not directly allocated to specific geographic regions. The company was founded by Henry Wells, William G. Fargo, and John Warren Butterfield on March 28, 1850 and is headquartered in New York, NY.
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