American Express in $3 Billion Offering

November 6, 2018

Cleary Gottlieb represented the underwriters, led by Deutsche Bank Securities Inc., HSBC Securities (USA) Inc., RBC Capital Markets LLC, Wells Fargo Securities LLC, and Barclays Capital Inc., in an SEC-registered shelf takedown by American Express of $1.25 billion 3.7% notes due November 5, 2021, $1 billion floating-rate notes due November 5, 2021, and $750 million 4.2% notes due November 6, 2025.

The offering priced on November 1, 2018, and closed on November 6, 2018.

Cleary regularly acts as issuer’s counsel or designated underwriters’ counsel on capital markets transactions for American Express.

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.