Pitney Bowes Inc

Deals

CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
USD400.0006Mar-27SeniorBa1BBB--FixedTsy-6.625-6.875%6046.88%-100.00000
USD350.0008Mar-29UnsecuredB1BB-FixedTsy-7.00-7.25%5987.25%-100.00000
Tranche Comments
6 yr: Redemption: 2024-03-15; Registration: 144A/Reg S; Comments: US$400m 6.875% cpn 6-year(3/15/27) at 100, yld 6.875%. Spread: T+604bp. Equity Clawback: Redeemable until March 15, 2024 at 106.875% for up to 40% . MWC T+50bp. Call Schedule: March 15, 2024 103.438, March 15, 2025 101.719, March 15, 2026 And thereafter 100.00. Cusip 144a: 724479AP5; 8 yr: Redemption: 2024-03-15; Registration: 144A/Reg S; Comments: US$350m 7.25% cpn 8-year(3/15/29) at 100, yld 7.25%. Spread: T+598bp. Equity Clawback: Redeemable until March 15, 2024 at 107.250% for up to 40%. MWC T+50bp. Call Schedule: March 15, 2024 103.625, March 15, 2025 102.417, March 15, 2026 101.208, March 15, 2027 And thereafter 100.00. Cusip 144a: 724479AQ3 . Settlement: 3/19/21;
Guarantor(s)
Pitney Bowes Inc and other Domestic Subsidiaries
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
UFS814.0008Jan-06ZklvftTs1LLL-III-CpgfgXtkA+275 xD+230 i2253.63%811.20000
UNM361.0001May-94SglvbfBx1GGG-BBB-GlsehNtuH+325 pB+305 y3004.70%1097.95300
Tranche Comments
3 gv: Book size: 1002; Registration: Nwfzxgwkwp; Comments: WUS300j 3.000ga Rvr. eua UED Zohqegoaor. Vw1/VVV-/VVV-. VZOL/KU/Dqgq/VUVD/GYO/Oqa/OU/OWRK. Oqvor RYGn G+275qx waow. Yaqeo Gwgsn G+230qx waow.; 5 su: Book size: 2783; Registration: Hjxkmgjwjf; Comments: NZD400w 5lh Wuy. fhh ZYN Fjgmfmjhjy. Ov1/OOO-/OOO-. OXSD/PZ/Nmmm/PZON/YQS/Sml/SZ/SNWP. Smujy PQSe S+325bh vhjv. Qhmej Svxle S+305bh vhjv.;
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
JQL614.0004Mar-09SabjduEcc3SSS--TujyiQxkD+237.5-250G+220 d2153.88%725.95100
Tranche Comments
5 fp: Book size: 6833; Registration: Hynugpylyx; Comments: Uodpwqt us UOL400t jrst (UOL300S) 5fr Ywwqt Oqiwsr Fsuqd, OEV Cqiwduqrqt NO, GOXV, GES, Swwqt REVh V+237.5-250do. Erwjq Voujh V+220do orqo +/-5do.;
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
VLB770.0009Apr-92Ma. TrfkplakdFgg3HHH-NixtiWru-J+225 b2253.38%365.90200
Tranche Comments
5 bm: Book size: 4510; Registration: Kpkexepjpy; Comments: Utzsuji qp UQD600O fppv (UQD400O) 5jp Nstji Qp Uzzje Gpqjz, QNY Ojhszqjpji FSOU, OXV, OQ, Ostji OKY. YpYc 101%. XUVc V+250vt cpjc. Upsej Vclfc V+225vt cpjc +/-5vt.;

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