On April 25, 2025, American Express Company issued $5 billion of new debt across four offerings:
$1.6 billion of 4.731% Fixed-to-Floating Rate Notes due 2029, $1.5 billion of 5.016% Fixed-to-Floating Rate Notes due 2031, $1.5 billion of 5.667% Fixed-to-Floating Rate Notes due 2036, and $400 million of Floating Rate Notes due 2029. The notes were issued under the company's existing shelf registration and senior indenture arrangements.