Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
PITNEY BOWES INC /DE/ incurred senior notes of $275,000,000 with funds managed by Oaktree Capital Management, L.P. at term SOFR rate, plus a margin of 6.90% maturing March 19, 2028.
- Instrument
- senior notes
- Principal
- $275,000,000
- Counterparty
- funds managed by Oaktree Capital Management, L.P.
- Rate
- term SOFR rate, plus a margin of 6.90%
- Maturity
- March 19, 2028
- Event
- incurrence
Exact text from the filing
The Note Purchase Agreement provides for the private issuance of senior secured notes in an aggregate principal amount of $275,000,000 (the “Senior Secured Notes”).
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
PITNEY BOWES INC /DE/ entered into Note Purchase Agreement with the noteholders party thereto and Alter Domus (US) LLC, as noteholder representative valued at aggregate principal amount of $275,000,000 (effective 2023-07-31).
- Action
- entry
- Agreement
- notes offering
- Counterparty
- the noteholders party thereto and Alter Domus (US) LLC, as noteholder representative
- Value
- aggregate principal amount of $275,000,000
- Effective
- 2023-07-31
Exact text from the filing
On July 31, 2023, Pitney Bowes Inc. (the “Company”) entered into a Note Purchase Agreement (the “Note Purchase Agreement”) by and among the Company, as issuer, the noteholders party thereto and Alter Domus (US) LLC, as noteholder representative. The noteholders include funds managed by Oaktree Capital Management, L.P. The Note Purchase Agreement provides for the private issuance of senior secured notes in an aggregate principal amount of $275,000,000 (the “Senior Secured Notes”).
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
PITNEY BOWES INC /DE/ entered into Sixth Amendment with the lenders and issuing banks party thereto and JPMorgan Chase Bank, N.A., as administrative agent (effective 2023-07-31).
- Action
- entry
- Agreement
- credit facility
- Counterparty
- the lenders and issuing banks party thereto and JPMorgan Chase Bank, N.A., as administrative agent
- Effective
- 2023-07-31
Exact text from the filing
On July 31, 2023, the Company entered into a Sixth Amendment (the “Amendment”) to the Credit Agreement, dated as of November 1, 2019 (as previously amended, the “Existing Credit Agreement”), by and among the Company, the subsidiaries of the Company party thereto, the lenders and issuing banks party thereto and JPMorgan Chase Bank, N.A., as administrative agent.
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