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Published on 9/2/2008 in the Prospect News Investment Grade Daily.

New Issue: American Express Credit prices $167.92 million 6.05% three-year InterNotes at par

By Andrea Heisinger

New York, Sept. 2 - American Express Credit Corp. priced $167.92 million of 6.05% three-year InterNotes Tuesday at par, according to a 424B3 filing with the Securities and Exchange Commission.

The senior unsecured notes (Aa3/A+/) are non-callable.

Agents were Banc of America Securities LLC and Incapital LLC.

Co-agents were Charles Schwab & Co., Inc.; Citigroup Global Markets Inc.; Fidelity Capital Markets Services, a division of National Financial Services, LLC; Merrill Lynch, Pierce, Fenner & Smith Inc.; Morgan Stanley & Co. Inc.; Raymond James & Associates, Inc.; RBC Capital Markets Corp.; UBS Securities LLC; and Wachovia Securities, LLC.

The unit of American Express Co. is based in New York City.

Issuer:American Express Credit Corp.
Issue:Senior unsecured InterNotes
Amount:$167,918,000
Maturity:Sept. 15, 2011
Agents:Banc of America Securities LLC, Incapital LLC
Co-agents:Charles Schwab & Co., Inc., Citigroup Global Markets Inc., Fidelity Capital Markets Services, a division of National Financial Services, LLC, Merrill Lynch, Pierce, Fenner & Smith Inc., Morgan Stanley & Co. Inc., Raymond James & Associates, Inc., RBC Capital Markets Corp., UBS Securities LLC, Wachovia Securities, LLC
Coupon:6.05%
Price:Par
Yield:6.05%
Call:Non-callable
Trade date:Sept. 2
Settlement date:Sept. 5
Ratings:Moody's: Aa3
Standard & Poor's: A+

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