Pitney Bowes Expands Revolving Credit Facility to $400 Million with New Amendment
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Pitney Bowes Inc. has amended its Credit Agreement to increase its revolving credit facility to $400 million, adding $135 million in incremental commitments. This facility, maturing in March 2028, aims to enhance the company's financial flexibility for strategic capital allocation. The agreement involves multiple subsidiaries, various lenders, and Bank of America as the administrative agent.
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