American Express is marketing a $804.5 million in asset-backed securities from its American Express Credit Account Master Trust.

The deal, American Express Credit Account Master Trust, Series 2010-1, is structured with a triple-A rated senior class A floating rate certificates and a double-A plus rated mezzanine Class B floating rate certificates. Bank of America Merrill Lynch, JPMorgan Securities and Barclays Capital are underwriting the transaction.

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