American Express’ $3 Billion Notes Offering

May 20, 2019

Cleary Gottlieb represented the underwriters, led by Barclays Capital Inc., BofA Securities Inc., HSBC Securities (USA) Inc., and Wells Fargo Securities LLC, in an SEC-registered shelf takedown by American Express of $1.25 billion 2.75% notes due May 20, 2022, $900 million floating-rate notes due May 20, 2022, and $850 million 3.125% notes due May 20, 2026.

The offering priced on May 15, 2019, and closed on May 20, 2019.

American Express is a global services company that provides customers with access to products, insights, and experiences that enrich lives and build business success. Its principal products and services are charge and credit payment card products and travel-related services offered to consumers and businesses around the world.