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DBRS rates Amex CredCo notes A (high)
DBRS said it assigned a rating of A (high) to the $2 billion 2.20% fixed-rate senior notes due March 2020, $1.75 billion 2.7% fixed-rate senior notes due March 2022, $450 million floating-rate senior notes due March 2020 and $300 million floating-rate senior notes due March 2022 issued by American Express Credit Corp. (Amex CredCo).
The trend is stable.
The proceeds will be included in the general funds of American Express Co. and available for general corporate purposes, DBRS said.
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