American Express priced an upsized offering of $777.77 million of five-year notes from its American Express Credit Account Master Trust, according to a regulatory filing.

The senior class A tranche was increased to $700 million from $500 million originally; rated ‘AAA’ by Fitch Ratings and Standard & Poor’s, it priced at 43 basis points over one-month Libor.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.