Pitney Bowes redeems $347M notes due March 2027 to strengthen balance sheet
Seeking Alpha ·
Pitney Bowes ( PBI ) announced on Thursday that it redeemed all of its $347M of 6.875% Senior Notes due March 2027. The company funded the redemption using a mix of existing cash and a $150M upsizing of its Term Loan A facility, which
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