Thursday, June 7, 2007

UPDATE 1-Amex Centurion & Amex FSB launch $3.5 bln debt

(Reuters) - American Centurion launched $1.0 billion two-year
floating-rate notes expected to have a coupon rate of 0.02
percentage point over the one-month London interbank offered
rate , $400 million in five-year floating-rate notes
expected to have a coupon rate of 0.15 percentage point over
one-month Libor and $300 million in 10-year notes expected to
yield 0.89 percentage points over U.S. Treasuries.




American Express FSB launched $1.1 billion in two-year
floating-rate notes expected to have a coupon rate of 0.02
percentage point over one-month Libor, $400 million in
five-year floating-rate notes expected to have a coupon rate of
0.15 percentage point over one-month Libor and $300 million
10-year floating-rate notes expected to have a coupon rate of
0.30 percentage point over one-month Libor.


Read more at Reuters.com Bonds News

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