Cahill Represents BofA Securities and Other Lead Arrangers in Pitney Bowes’ $1.04 Billion Credit Facility
Date: 02/07/25
Cahill represented BofA Securities and the other lead arrangers in connection with a $265 million revolving credit facility, $160 million Term A credit facility, and $615 million Term B credit facility for Pitney Bowes Inc.
Proceeds from the credit facility will be used to refinance the company’s existing credit facilities and for general corporate purposes.
Pitney Bowes Inc. (NYSE: PBI) is a global shipping and mailing company that provides technology, logistics, and financial services to small and medium sized businesses, large enterprises, including more than 90 percent of the Fortune 500, retailers, and government clients around the world.