Business Context and Reporting Period
This Form 8-K Current Report is filed by American Express Company (AXP) on February 10, 2026. The filing discloses the issuance of new debt securities under a senior indenture and a subordinated indenture, pursuant to a Prospectus Supplement dated February 3, 2026.
Key Financial Metrics and Debt Issuance
The Company issued a total of $3.5 billion in new debt instruments on February 10, 2026. The filing does not provide revenue, profit, cash flow, or margin data as this is a transactional report rather than a periodic financial statement.
| Instrument Type | Principal Amount | Interest Rate | Maturity Date |
|---|---|---|---|
| Senior Notes (Fixed-to-Floating) | $1,350,000,000 | 4.009% | February 9, 2029 |
| Senior Notes (Fixed-to-Floating) | $1,000,000,000 | 4.456% | February 10, 2032 |
| Senior Notes (Floating Rate) | $650,000,000 | Floating Rate | February 9, 2029 |
| Subordinated Notes (Fixed-to-Fixed) | $500,000,000 | 5.412% | February 8, 2041 |
Material Changes
The material change reported is the expansion of the Company's debt capital structure through the issuance of the Senior and Subordinated Notes described above. No comparative financial performance data is provided in this filing.
Guidance, Outlook, and Risks
The filing contains no management commentary, forward-looking guidance, or specific risk factors beyond the standard disclosure of the debt issuance terms. The notes were issued under existing indentures dated August 1, 2007, as supplemented by subsequent agreements in 2021, 2022, 2023, and 2024.
Investor Verification Checklist
- Verify the total aggregate principal amount of $3.5 billion raised across all tranches.
- Confirm the specific interest rate structures (Fixed-to-Floating vs. Floating vs. Fixed-to-Fixed) for each tranche.
- Review the Prospectus Supplement dated February 3, 2026, for detailed use of proceeds and covenants.
- Check the impact of the new debt on the Company's overall leverage ratios in the next quarterly report (10-Q).