Pitney Bowes reprices $585M term loan, cuts interest margin

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/22/2026

1. META
2. TSLA
3. IBM
4. TXN
5. SAP
6. CSX
7. LRCX
8. LVS
9. KNX
10. KMI

Go back to Pitney Bowes reprices $585M term loan, cuts interest margin

Pitney Bowes Announces Repricing of $585 Million Term Loan B, Reducing Interest Margin by 75 Basis Points

September 30, 2026 8:00 AM EDT

Repricing to SOFR + 300 Basis Points Lowers Annual Interest Expense by Approximately $4 Million, With No Changes to Other Terms or March 2032 Maturity Date

Follows S&P Global Ratings Upgrade to 'BB-' and Reflects the Companys Enhanced Credit Profile

Marks the Latest in a Series of Decisive Actions to Strengthen the Companys Balance Sheet, Reduce Leverage and Increase Financial Flexibility

SHELTON, Conn.--(BUSINESS WIRE)-- Pitney Bowes Inc. (NYSE: PBI) (Pitney Bowes or the Company), a technology-driven company that provides digital... More