Pitney Bowes Expands Revolving Credit Facility to $400 Million with New Amendment

Reuters
2025.09.02 12:24
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Pitney Bowes Inc. has amended its Credit Agreement to increase its revolving credit facility to $400 million, adding $135 million in incremental commitments. This facility, maturing in March 2028, aims to enhance the company's financial flexibility for strategic capital allocation. The agreement involves multiple subsidiaries, various lenders, and Bank of America as the administrative agent.

Pitney Bowes Inc., a Delaware corporation, has announced an amendment to its existing Credit Agreement, initially dated February 7, 2025. The amendment, finalized on August 29, 2025, introduces an additional $135 million in incremental commitments to the company’s revolving credit facility, now totaling $400 million. This facility, maturing in March 2028, is designed to enhance Pitney Bowes’ financial flexibility, allowing the company to pursue strategic capital allocation opportunities. The agreement involves multiple subsidiaries of Pitney Bowes, various lenders, issuing banks, and Bank of America, N.A., serving as the administrative agent. 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 EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-25-193439), on September 02, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here