debt
confidence high
sentiment neutral
materiality 0.55
Pitney Bowes to issue $200M additional 7.250% Senior Notes due 2029
PITNEY BOWES INC /DE/
- Intent to offer $200M of 7.250% Senior Notes due 2029, same series as original March 2021 issuance.
- Notes mature March 15, 2029; interest rate 7.250% per annum.
- Net proceeds for general corporate purposes, including repayment or refinancing of existing debt.
- Offering is a private placement under Rule 144A and Regulation S; no assurance of completion.
- Notes are senior unsecured and guaranteed by certain wholly owned U.S. subsidiaries.
item 7.01