Pitney Bowes Calls for Redemption of Outstanding 6.25 Percent Notes Due 2019
July 03 2018 - 8:00AM
Business Wire
Pitney Bowes Inc. (NYSE:PBI), a global technology company that
provides commerce solutions in the areas of shipping and mailing,
data, and ecommerce, today announced its call for redemption of all
of its outstanding 6.25 percent Notes due 2019. The Notes were
issued under an Indenture dated February 14, 2005, between the
Company, as issuer, and The Bank of New York Mellon, successor to
Citibank, N.A., as trustee, as supplemented and amended.
The Notes will be redeemed on August 2, 2018, at a redemption
price equal to the sum of 100 percent of the aggregate principal
amount of the Notes being redeemed and accrued but unpaid interest
on those Notes to such Redemption Date, and any make-whole
amount.
As trustee, The Bank of New York Mellon will deliver a notice of
redemption to all registered holders of the Notes.
About Pitney Bowes
Pitney Bowes (NYSE:PBI) is a global technology company providing
commerce solutions that power billions of transactions. Clients
around the world, including 90 percent of the Fortune 500, rely on
the accuracy and precision delivered by Pitney Bowes solutions,
analytics, and APIs in the areas of office mailing and shipping;
mailing and parcel sortation; retail fulfillment, shipping and
returns; global ecommerce; location data; and software. For nearly
100 years Pitney Bowes has been innovating and delivering
technologies that remove the complexity of getting commerce
transactions precisely right. For additional information visit
Pitney Bowes, the Craftsmen of Commerce,
at www.pitneybowes.com.
Forward Looking Statements
This press release contains “forward-looking statements” about
the Company’s intention to redeem the Notes. These forward-looking
statements are subject to a number of risks and uncertainties, many
of which are beyond the Company's control, which could cause the
Company's actual results to differ materially from those included
in the Company's forward-looking statements. Please see the
Company's risk factors, as they may be amended from time to time,
set forth in its filings with the Securities and Exchange
Commission, including the Company's most recently filed Annual
Report on Form 10-K. The Company assumes no obligation to update
any forward-looking statements contained in this document as a
result of new information, events or developments.
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version on businesswire.com: https://www.businesswire.com/news/home/20180703005040/en/
Pitney BowesBill Hughes – Media
RelationsWilliam.Hughes@pb.com203-351-6785orAdam David – Investor
RelationsAdam.david@pb.com203-351-7175
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