Pitney Bowes Inc. (PBI) Cuts Term Loan B Margin by 75 bps
Pitney Bowes repriced its $585M Term Loan B due 2032, lowering the SOFR margin to 300 bps from 375 bps, closed Sept. 29, 2026. The move is expected to cut annual interest expense by about $4M, contributing to roughly $13M in annualized interest savings from recent actions.Material DetailsContext by…