STAMFORD, Conn.--(BUSINESS WIRE)--Jul. 3, 2018--
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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Source: Pitney Bowes Inc.
Pitney Bowes
Bill Hughes – Media Relations
William.Hughes@pb.com
203-351-6785
or
Adam
David – Investor Relations
Adam.david@pb.com
203-351-7175