Pitney Bowes Inc. Announces Proposed Offering of $200 Million of Convertible Senior Notes

STAMFORD, Conn.--(BUSINESS WIRE)--Pitney Bowes Inc. (NYSE:PBI) (“Pitney Bowes” or, the “Company”) today announced that it intends to offer, subject to market and other conditions, $200 million aggregate principal amount of its convertible senior notes due 2030 (the “Convertible Notes”) in a private placement under the Securities Act of 1933, as amended (the “Securities Act”). The Company also intends to grant the initial purchasers of the Convertible Notes an option to purchase, within a 13-day