debt
confidence high
sentiment neutral
materiality 0.60
Pitney Bowes issues $150M of 7.250% Senior Notes due 2029, total outstanding $476M
PITNEY BOWES INC /DE/
- Issued $150M additional 7.250% Senior Notes due 2029; total outstanding now $476M.
- Net proceeds ~$146.9M after discounts and expenses; used for general corporate purposes including debt refinancing.
- Notes are senior unsecured, guaranteed by domestic subsidiaries that guarantee existing debt above $100M threshold.
- First interest payment on Additional Notes set for March 15, 2026, covering accrued since Sept 15, 2025.
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