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Reported Earlier, Pitney Bowes Prices $200M Convertible Senior Notes Due 2030 With 1.50% Coupon And Option To Upsize By $30M

Author: Benzinga Newsdesk | August 06, 2025 01:32am

The Company intends to use approximately $21.5 million of the net proceeds from the offering of the Convertible Notes to fund the cost of entering into the capped call transactions described below in connection with the offering. If the initial purchasers of the Convertible Notes exercise their option to purchase additional Convertible Notes, the Company expects to use a portion of the net proceeds from the sale of the additional Convertible Notes to enter into additional capped call transactions with the option counterparties described below

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