March 2 (Reuters) - Postage meter maker Pitney Bowes Inc. on Monday sold $300 million in 10-year notes, said IFR,
a Thomson Reuters service.
The size of the deal was increased from an originally planned $250 million.
Bank of America and J.P. Morgan were the joint bookrunning managers for the sale.
BORROWER: PITNEY BOWES INC
AMT $300 MLN COUPON 6.25 PCT MATURITY 3/15/2019 TYPE NOTES ISS PRICE 99.821 FIRST PAY 9/15/2009 MOODY'S A1 YIELD 6.274 PCT SETTLEMENT 3/5/2009 S&P SINGLE-A SPREAD 337.5 BPS PAY FREQ SEMI-ANNUAL FITCH N/A MORE THAN TREAS MAKE-WHOLE CALL 50 BPS*
*$101 COC PUT
Keywords: PITNEY DEBT/NOTES (New Issue by Thomson Reuters; +1-646-223-6886 e-mail: uscorpbonds@reuters.com) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
The size of the deal was increased from an originally planned $250 million.
Bank of America and J.P. Morgan were the joint bookrunning managers for the sale.
BORROWER: PITNEY BOWES INC
AMT $300 MLN COUPON 6.25 PCT MATURITY 3/15/2019 TYPE NOTES ISS PRICE 99.821 FIRST PAY 9/15/2009 MOODY'S A1 YIELD 6.274 PCT SETTLEMENT 3/5/2009 S&P SINGLE-A SPREAD 337.5 BPS PAY FREQ SEMI-ANNUAL FITCH N/A MORE THAN TREAS MAKE-WHOLE CALL 50 BPS*
*$101 COC PUT
Keywords: PITNEY DEBT/NOTES (New Issue by Thomson Reuters; +1-646-223-6886 e-mail: uscorpbonds@reuters.com) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.