8-KOther EventsExhibits & Filings

AMERICAN EXPRESS CO 8-K Report, Corporate Update (May 4, 2026)

Filed May 4, 2026For Securities:AXP

Summary

American Express Company (AXP) announced the issuance of $1.75 billion in Fixed-to-Floating Rate Notes due May 3, 2030. These notes carry a coupon rate of 4.444% and were issued on May 4, 2026. This offering was conducted under the company's existing shelf registration statement and was made pursuant to a Prospectus Supplement filed with the SEC. The issuance of new debt indicates American Express's ongoing strategy to manage its capital structure and fund its operations. Investors should note that the "fixed-to-floating" nature of the rate means the interest payments will transition from a fixed rate to a floating rate at some point, which could impact future interest expenses depending on market conditions. The filing also includes standard legal exhibits related to the offering.

Key Highlights

  • 1AXP issued $1,750,000,000 in aggregate principal amount of debt.
  • 2The new debt consists of 4.444% Fixed-to-Floating Rate Notes due May 3, 2030.
  • 3The issuance occurred on May 4, 2026.
  • 4The notes were issued under the company's existing Form S-3 registration statement.
  • 5The offering utilized a Prospectus Supplement dated April 27, 2026.
  • 6The debt is governed by a senior indenture and its supplements.
  • 7The filing includes standard legal opinions and consents as exhibits.

Frequently Asked Questions

American Express issued an aggregate principal amount of $1,750,000,000 of notes.

The notes have a coupon rate of 4.444% and mature on May 3, 2030. They are described as Fixed-to-Floating Rate Notes.

The notes were issued pursuant to a Prospectus Supplement dated April 27, 2026, to the Company's Registration Statement on Form S-3 (No. 333-276975).

This means the notes will initially pay a fixed interest rate (4.444%), but this rate will convert to a floating rate at some point before maturity. The exact timing of this conversion and the floating rate mechanism would typically be detailed in the Prospectus Supplement.