AXP · News · 20260807N
Preferred Offering
AMERICAN EXPRESS CO · 2026-08-07 · Importance 58 · Surprise 42 · No source text
American Express completed a US$1.6 billion fixed-income offering of preferred depository shares. The offering increases the company’s outstanding preferred funding and provides additional capital through a fixed-income security issuance. The reported issuance amount exceeds the $589 million materiality threshold.
Key facts
- The AXP6475703 bond has an issue date of August 12, 2026 and is listed under FINRA. source
- The AXP6475703 bond issued by American Express carries a 6.45% coupon and a face value of $1,000. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| net_income | negative | committed | -0.5% | The AXP6475703 bond issued by American Express carries a 6.45% coupon and a face value of $1,000. |