Pitney Bowes repays additional $75M of Oaktree Notes, cutting balance to $97.25M

PITNEY BOWES INC /DE/

Repaid $75M of $275M senior secured Oaktree Notes on Dec 20, 2024; remaining $97.25M.
Follows $100M repayment on Nov 19, 2024; total $175M repaid to date.
Part of strategic deleveraging initiative; funded by cash on hand.
Company expects near-term update on plans to retire remaining Oaktree 2028 Notes.

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