Pitney Bowes Amends Credit Agreement for $150M Incremental Term Loan
Pitney Bowes Inc. (PBI) entered into a Fourth Amendment to its Credit Agreement securing $150 million in incremental Tranche A Term Loans. The proceeds will be used to redeem and repay Senior Notes due in 2027, strengthening the company's balance sheet.
AI-generated summary for informational purposes only. Always verify against the original filing. Not investment advice. BriefTape is not a registered investment adviser.
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