New Issue - Pitney Bowes sells $100 mln in notes

Tue Nov 20, 2012 12:15pm EST

Nov 20 (Reuters) - Pitney Bowes Inc on Monday sold
$100 million of senior notes, said IFR, a Thomson Reuters
service. 
    The size of the deal was increased from the originally
planned $75 million. 
    Bank of America Merrill Lynch and Morgan Stanley were the
joint bookrunning managers for the sale.

BORROWER: PITNEY BOWES

AMT $100 MLN    COUPON 5.25 PCT    MATURITY    11/27/2022   
TYPE SR NTS     ISS PRICE 25       FIRST PAY   02/27/2013 
MOODY'S Baa2    YIELD N/A          SETTLEMENT  11/27/2012   
S&P TRIPLE-B    SPREAD N/A         PAY FREQ    QUARTERLY
FITCH N/A                          NON-CALLABLE   N/A
We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/
Comments (1)
plang1 wrote:
pbi is one cheap stock!

Nov 20, 2012 1:31pm EST  --  Report as abuse
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.