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DBRS rates Amex notes A (high)
DBRS said it assigned a rating of A (high) to the $1.25 billion 3.7% senior notes due November 2021, along with the $750 million 4.20% senior notes due November 2025 and the $1 billion floating-rate senior notes due November 2021 issued by American Express Co. (Amex).
The trend is positive.
The proceeds will be included in the general funds of Amex and for general corporate purposes, DBRS said.
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