Fri 08/25/2023 11:06 AM
Relevant Items:
Debt Document Summaries, Covenants Tear Sheet
Debt Documents
On July 31, Pitney Bowes
issued $275 million of floating rate
secured notes due 2028 in a private placement with affiliates of Oaktree Capital. Proceeds of the secured notes will be used on Wednesday, Aug. 30, to fully redeem the company's $215 million outstanding senior unsecured notes due 2024, with the remaining proceeds to be used to “repay a portion of the term loans outstanding under the Company’s...
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