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Pitney Bowes reprices USD 585 million term loan B to SOFR+300 bps from SOFR+375 bps

PUBT·09/30/2026 12:01:28
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Pitney Bowes reprices USD 585 million term loan B to SOFR+300 bps from SOFR+375 bps
  • Pitney Bowes repriced its USD 585 million Term Loan B due March 2032, cutting the interest margin by 75 basis points.
  • Applicable margin over SOFR reduced to 300 basis points from 375 basis points; no other terms changed.
  • Transaction closed Sept. 29, 2026; expected to lower annual interest expense by about USD 4 million.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Pitney Bowes Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202609300800BIZWIRE_USPR_____20260930_BW685337) on September 30, 2026, and is solely responsible for the information contained therein.