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AXP American Express CDR

26.02
-0.13 (-0.50%)
19:07:03 - Realtime Data
Name Symbol Market Type
American Express CDR NEO:AXP NEO Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  -0.13 -0.50% 26.02 26.09 26.14 26.39 26.00 26.35 6,337 19:07:03

American Express Confirms C$950 Million Debt Offering

01/10/2009 9:14pm

Dow Jones News


American Express CDR (NEO:AXP)
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American Express Co. (AXP) raised a total of C$950 million of debt from the issue of C$800 million of five-year bonds and a C$150 million of two-year floating-rate notes, a spokeswoman for the U.S. credit-card company confirmed.

The five-year bonds were priced at par with a yield of 4.853%. The notes were priced at the three-month Canadian depository overnight rate plus 170 basis points, the spokeswoman confirmed.

-By Ben Dummett, Dow Jones Newswires; 416-306-2024; ben.dummett@dowjones.com

 
 

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