STAMFORD, Conn.–(BUSINESS WIRE)–Pitney Bowes Inc. (NYSE: PBI) (the “Company” or “Pitney Bowes”) announced today the early tender results as of 5:00 p.m. New York City time, on March 19, 2021 (the “Early Tender Time”) for its previously announced cash tender offers (collectively, the “Tender Offers,” and each offer to purchase a series of notes individually, a “Tender Offer”) to purchase up to $375,000,000 aggregate principal amount (the “Aggregate Maximum Principal Amount”) of the outstanding notes of the Company as set forth in the table below (collectively, the “Notes”) tendered from each holder (individually, a “Holder,” and collectively, the “Holders”) of the applicable Notes. Terms used but not defined herein have the meaning ascribed to them in the Offer to Purchase, dated March 8, 2021 (the “Offer to Purchase”).
In addition, Pitney Bowes announced today that it has amended the terms and conditions of the Tender Offers to extend the deadline for receiving the applicable Early Tender Premium (as defined below) with respect to the 4.625% Notes due 2024 (the “4.625% Notes”) as specified in the table below through 11:59 p.m., New York City time, on April 2, 2021, unless extended or earlier terminated by Pitney Bowes (the “Expiration Time”). Accordingly, Holders who validly tender 4.625% Notes at any time prior to the Expiration Time will now receive the applicable Total Consideration (as defined below) set…
