American Express Credit Account Master Trust Series 2025-1 Notes Assigned Rating

American Express Credit Account Master Trust's issuance is an ABS transaction backed by a pool of receivables generated by designated consumer American Express credit card accounts and pay-over-time revolving credit features associated with certain credit card accounts owned by American Express National Bank. We assigned our rating to the class A notes. The rating reflects our view of the transaction's credit support, collateral characteristics, and payment and legal structures, among other factors. NEW YORK (S&P Global Ratings) Feb. 11, 2025--S&P Global Ratings today assigned its rating to American Express Credit Account Master Trust's series 2025-1 asset-backed notes (see list). The note issuance is an ABS transaction backed by a pool of receivables generated by designated consumer American Express credit card

...- American Express Credit Account Master Trust's issuance is an ABS transaction backed by a pool of receivables generated by designated consumer American Express credit card accounts and pay-over-time revolving credit features associated with certain credit card accounts owned by American Express National Bank. - We assigned our rating to the class A notes. - The rating reflects our view of the transaction's credit support, collateral characteristics, and payment and legal structures, among other factors. NEW YORK (S&P Global Ratings) Feb. 11, 2025--S&P Global Ratings today assigned its rating to American Express Credit Account Master Trust's series 2025-1 asset-backed notes (see list). The note issuance is an ABS transaction backed by a pool of receivables generated by designated consumer American Express credit card accounts and pay-over-time revolving credit features associated with certain credit card accounts owned by American Express National Bank. The rating reflects: - Our view...

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