American Express turns to BarCap for £650m benchmark bond

Barclays Capital has raised £650m (€973m) through a benchmark bond in its first deal for American Express which doubled in size from an initial £300m after being heavily oversubscribed.

The bond is also the US financial services group's first sterling-denominated transaction in almost 15 years and the first benchmark bond outside the dollar market this year.

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Europe Draws Up Retaliatory Tariffs for U.S. Goods in Case No Trade Deal Is ReachedExternal link

Europe Draws Up Retaliatory Tariffs for U.S. Goods in Case No Trade Deal Is Reached