Form 8-K

8-K — PITNEY BOWES INC /DE/

Accession: 0001193125-26-281893

Filed: 2026-06-25

Period: 2026-06-23

CIK: 0000078814

SIC: 3579 (OFFICE MACHINES, NEC)

Item: Entry into a Material Definitive Agreement

Item: Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant

Item: Regulation FD Disclosure

Item: Financial Statements and Exhibits

Documents

8-K — d88573d8k.htm (Primary)

EX-10.1 (d88573dex101.htm)

EX-99.1 (d88573dex991.htm)

GRAPHIC (g88573g52h14.jpg)

XML — IDEA: XBRL DOCUMENT (R1.htm)

8-K

8-K (Primary)

Filename: d88573d8k.htm · Sequence: 1

8-K

PITNEY BOWES INC /DE/ false 0000078814 0000078814 2026-06-23 2026-06-23 0000078814 us-gaap:CommonStockMember 2026-06-23 2026-06-23 0000078814 us-gaap:DeferrableNotesMember 2026-06-23 2026-06-23

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

Current Report

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

June 23, 2026

Date of Report (Date of earliest event reported)

Pitney Bowes Inc.

(Exact name of registrant as specified in its charter)

Delaware

1-3579

06-0495050

(State or other jurisdiction

of incorporation)

(Commission

File Number)

(I.R.S. Employer

Identification No.)

27 Waterview Drive

Shelton, Connecticut 06484

(Address of principal executive offices)

(203) 922-4000

(Registrant’s telephone number, including area code)

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of Each Class

Trading

Symbol(s)

Name of Each Exchange

on Which Registered

Common Stock, $1 par value per share

PBI

New York Stock Exchange

6.70% Notes due 2043

PBI.PRB

New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 1.01

Entry into a Material Definitive Agreement.

On June 23, 2026 (the “Amendment Date”), Pitney Bowes Inc. (the “Company”), and certain other subsidiaries of the Company, entered into an amendment (the “Amendment”) to its Credit Agreement, dated as of February 7, 2025 (as amended prior to the date hereof and as further amended by the Amendment, the “Credit Agreement”), among the Company, the Loan Parties party thereto, the Lenders and Issuing Banks party thereto and Bank of America, N.A., as the administrative agent.

The Amendment provides for an additional $150 million of incremental tranche A term loans (the “Incremental Term Loans”), resulting in $302 million total aggregate borrowings of tranche A term loans as of the Amendment Date. The proceeds of the Incremental Term Loans were used, together with existing cash and other sources of liquidity, to redeem in full the Company’s $347 million aggregate principal amount of 6.875% Senior Notes due March 2027 (the “2027 Notes”) and to pay fees, costs and expenses related to the Amendment and the transactions contemplated by the Amendment. The Incremental Term Loans have the same maturity and terms as the existing tranche A term loans under the Company’s Credit Agreement.

The foregoing description of the Amendment does not purport to be complete and is qualified in its entirety by reference to the Amendment, a copy of which is attached as Exhibit 10.1 to this Current Report on Form 8-K and incorporated into this Item 1.01 by reference.

Item 2.03

Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.

The information set forth in Item 1.01 of this Current Report on Form 8-K regarding the Amendment is incorporated herein by reference.

Item 7.01

Regulation FD Disclosure

On June 25, 2026, the Company issued a press release announcing the Company’s entry into the Amendment and the redemption of the 2027 Notes. A copy of the press release is furnished hereto as Exhibit 99.1 and incorporated into this Item 7.01 by reference.

The information in this Item 7.01 of Form 8-K, including the accompanying Exhibit 99.1, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 (the “Exchange Act”), or otherwise subject to the liability of such section, nor shall such information be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, regardless of the general incorporation language of such filing, except as shall be expressly set forth by specific reference in such filing.

Item 9.01

Financial Statements and Exhibits.

(d)

Exhibits.

Exhibit

Number

Description

10.1

Fourth Amendment, dated as of June 23, 2026, among the Company, the other Loan Parties party thereto, the Lenders party thereto and Bank of America, N.A., as administrative agent.

99.1

Press release of Pitney Bowes Inc., dated June 25, 2026.

104

The cover page of Pitney Bowes Inc.’s Current Report on Form 8-K, formatted in Inline XBRL.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Pitney Bowes Inc.

Date: June 25, 2026

By:

/s/ Lauren Freeman-Bosworth

Name:

Lauren Freeman-Bosworth

Title:

Executive Vice President,

General Counsel and Corporate Secretary

EX-10.1

Filename: d88573dex101.htm · Sequence: 2

EX-10.1

Exhibit 10.1

FOURTH AMENDMENT TO CREDIT AGREEMENT

FOURTH AMENDMENT TO CREDIT AGREEMENT dated as of June 23, 2026 (this “Amendment”), by and among Pitney

Bowes Inc., a Delaware corporation (the “Borrower”), the Loan Parties party hereto, the 2026 Incremental Tranche A Term Lenders (as defined below) party hereto and Bank of America, N.A., as administrative agent (in such capacity,

the “Administrative Agent”).

RECITALS:

WHEREAS, the Borrower, the Administrative Agent, the Issuing Banks from time to time party thereto and the lenders from time to time

party thereto are parties to that certain Credit Agreement, dated as of February 7, 2025 (as amended by (i) the First Incremental Facility Amendment, dated as of August 29, 2025, (ii) the Second Incremental Facility Amendment, dated

as of March 30, 2026, and (iii) the Third Amendment to Credit Agreement, dated as of May 18, 2026, and as further amended, restated, amended and restated, supplemented or otherwise modified prior to the date hereof, the

“Existing Credit Agreement” and as so amended by this Amendment, the “Credit Agreement”);

WHEREAS, pursuant to Section 2.20 of the Existing Credit Agreement, the Borrower may, at any time and from

time to time subject to the terms and conditions set forth in the Existing Credit Agreement by notice to the Administrative Agent, request one or more increases in the aggregate amount of any Class of Term Loans;

WHEREAS, the Borrower, in accordance with Section 2.20 of the Existing Credit Agreement, has requested that

the 2026 Incremental Tranche A Term Lenders (as defined below) provide an Incremental Term Loan Increase with respect to the Tranche A Term Loans in an aggregate principal amount of $150,000,000 (such additional Tranche A Term Loans, the

“2026 Incremental Tranche A Term Loans”);

WHEREAS, (a) the 2026 Incremental Tranche A Term Loans will be

added to (and form part of) the existing Class of Tranche A Term Loans and (b) the proceeds of the 2026 Incremental Tranche A Term Loans will be used, together with cash on hand of the Borrower and/or Revolving Borrowings, to redeem and

repay in full the Senior Notes due 2027 and to pay fees, costs and expenses related to this Amendment and the transactions contemplated by this Amendment;

WHEREAS, each Person that executes and delivers a signature page to this Amendment in the capacity of a “2026 Incremental Tranche

A Term Lender” (each such Person, a “2026 Incremental Tranche A Term Lender”) agrees to (i) the terms of this Amendment and (ii) provide 2026 Incremental Tranche A Term Loans to the Borrower on the Fourth Amendment

Effective Date in a principal amount as set forth opposite its name on Schedule 1 attached hereto (with respect to such 2026 Incremental Tranche A Term Lender, the “2026 Incremental Tranche A Term Commitment”);

WHEREAS, in accordance with Sections 2.20 and 9.02 of the Existing Credit Agreement, the Existing Credit Agreement may be

amended to give effect to the existence of the 2026 Incremental Tranche A Term Loans;

WHEREAS, each 2026 Incremental Tranche A

Term Lender is willing to make the 2026 Incremental Tranche A Term Loans to the Borrower on the Fourth Amendment Effective Date on the terms and subject to the conditions set forth herein and in the Existing Credit Agreement;

WHEREAS, BofA Securities, Inc. (or any of its affiliates designated to act in such capacity) will act as lead arranger and bookrunner

for the 2026 Incremental Tranche A Term Loans (in such capacity, the “Fourth Amendment Lead Arranger”); and

NOW, THEREFORE, in consideration of the mutual agreements herein contained and for

other good and valuable consideration, the sufficiency and receipt of which are hereby acknowledged, and subject to the conditions set forth herein, the parties hereto hereby agree as follows:

SECTION 1: Interpretation. Capitalized terms used and not defined herein (including in the recitals hereto) shall have the

meanings assigned to such terms in the Credit Agreement. The rules of interpretation set forth in Section 1.03 of the Credit Agreement are hereby incorporated by reference herein, mutatis mutandis.

SECTION 2: 2026 Incremental Tranche A Term Loans.

(a) Pursuant to Section 2.20 of the Existing Credit Agreement, and subject to the terms and conditions herein and in

the Credit Agreement, effective on and as of the Fourth Amendment Effective Date, each 2026 Incremental Tranche A Term Lender, severally and not jointly, agrees to make a 2026 Incremental Tranche A Term Loan denominated in Dollars to the Borrower on

the Fourth Amendment Effective Date in a principal amount not exceeding its 2026 Incremental Tranche A Term Commitment. From and after the Fourth Amendment Effective Date, the 2026 Incremental Tranche A Term Commitments shall constitute

“Tranche A Term Commitments” and the 2026 Incremental Tranche A Term Loans shall constitute “Term Loans” and “Tranche A Term Loans” for all purposes of the Credit Agreement and the other Loan Documents and each

2026 Incremental Tranche A Term Lender shall be a “Tranche A Term Lender” and a “Lender” for all purposes under the Credit Agreement and the other Loan Documents. The 2026 Incremental Tranche A Term Commitments of the 2026

Incremental Tranche A Term Lenders are several, and no such 2026 Incremental Tranche A Term Lender will be responsible for any other 2026 Incremental Tranche A Term Lender’s failure to make its 2026 Incremental Tranche A Term Loans. The

proceeds of the 2026 Incremental Tranche A Term Loans shall be used by the Borrower for the purposes set forth in the recitals to this Amendment.

(b) The full amount of the 2026 Incremental Tranche A Term Loans shall be borrowed by the Borrower in a single drawing in Dollars on the Fourth

Amendment Effective Date and amounts paid or prepaid in respect of the 2026 Incremental Tranche A Term Loans may not be reborrowed. The 2026 Incremental Tranche A Term Loans (i) shall be added to, and thereafter constitute a part of, the

existing Class of Tranche A Term Loans and (ii) shall have terms that are identical (including with respect to interest rates (including Applicable Rates and any interest rate floors), amortization, assignments, voting, voluntary

prepayment terms and mandatory prepayment terms) to the terms applicable to the Tranche A Term Loans outstanding on the date hereof, as set forth in the Credit Agreement. The 2026 Incremental Tranche A Term Loans and the Tranche A Term Loans

outstanding on the date hereof shall, as of the Fourth Amendment Effective Date, be subject to the scheduled amortization set forth in Section 3(a)(vi) hereto with the remaining outstanding principal amount due and payable

in full on the Tranche A Term Maturity Date. Notwithstanding anything herein to the contrary, the initial Interest Period for the 2026 Incremental Tranche A Term Loans will be coterminous with the then-existing Interest Period applicable to the

Tranche A Term Loans and ending on June 30, 2026.

Loan Parties party hereto agree that this Amendment shall constitute an “Incremental Facility Amendment” pursuant to and in accordance with Section 2.20 of the Credit Agreement.

(d) The 2026 Incremental Tranche A Term Commitment of each 2026 Incremental Tranche A Term Lender shall automatically terminate upon the

funding of any portion of the 2026 Incremental Tranche A Term Loans on the Fourth Amendment Effective Date.

SECTION 3: Amendments to the Existing Credit Agreement.

(a) Subject to the satisfaction of the conditions set forth in Section 5 hereof, the Existing Credit Agreement is

hereby amended on the Fourth Amendment Effective Date as follows:

(i) Section 1.01 of the Existing Credit Agreement

is hereby amended by adding in the appropriate alphabetical order the following new definitions:

“2026 Incremental Tranche A Term

Commitment” has the meaning provided in the Fourth Amendment.

“2026 Incremental Tranche A Term Lender” has

the meaning provided in the Fourth Amendment.

“2026 Incremental Tranche A Term Loans” has the meaning provided in the

Fourth Amendment.

“Fourth Amendment” means the Fourth Amendment to Credit Agreement, dated as of June 23, 2026,

among the Borrower, the Guarantors, the 2026 Incremental Tranche A Term Lenders and the Administrative Agent.

“Fourth Amendment

Effective Date” means June 23, 2026.

(ii) The definition of “Interest Period” appearing in

Section 1.01 of the Existing Credit Agreement is hereby amended by (x) deleting the “and” at the end of clause (ii), (y) replacing the “.” at the end of clause (iii) with “,

and” and (z) adding the following as a new clause (iv):

the initial Interest Period for the 2026 Incremental Tranche A Term

Loans shall be coterminous with the then-existing Interest Period applicable to the Tranche A Term Loans in effect immediately prior to the Fourth Amendment Effective Date and ending on June 30, 2026.

(iii) The definition of “Tranche A Term Commitment” appearing in Section 1.01 of the

Existing Credit Agreement is hereby amended and restated in its entirety as follows:

“Tranche A Term Commitment” means,

with respect to each Lender (i) the commitment, if any, of such Lender to make a Tranche A Term Loan hereunder on the Closing Date and (ii) the commitment, if any, of such Lender to make a 2026 Incremental Tranche A Term Loan on the Fourth

Amendment Effective Date in an amount equal to such Lender’s 2026 Incremental Tranche A Term Commitment, in each case expressed as an amount representing the maximum principal amount of the Tranche A Term Loan to be made by such Lender

hereunder, as such commitment may be (a) reduced from time to time pursuant to Section 2.07 and (b) reduced or increased from time to time pursuant to assignments by or to such Lender pursuant to Section 9.04.

(iv) The definition of “Tranche A Term Loan” appearing in

Section 1.01 of the Existing Credit Agreement is hereby amended and restated in its entirety as follows:

“Tranche A Term Loan” means (i) a Loan made pursuant to Section 2.01(a)(i) and (ii) the

2026 Incremental Tranche A Term Loans made by the 2026 Incremental Tranche A Term Lenders on the Fourth Amendment Effective Date pursuant to Section 2.01(a)(ii). As of the Fourth Amendment Effective Date, the aggregate amount of outstanding

Tranche A Term Loans is $302,000,000. For the avoidance of doubt, from and after the Fourth Amendment Effective Date, the 2026 Incremental Tranche A Term Loans shall constitute Tranche A Term Loans for all purposes under the Loan Documents and be

part of the same Class as the Tranche A Term Loans.

(v) The definition of “Term Loans” appearing in

Section 1.01 of the Existing Credit Agreement is hereby amended and restated in its entirety as follows:

“Term Loans” means, collectively, the Initial Term Loans, the 2026 Incremental Tranche A Term Loans, any Incremental Term

Loans and any Refinancing Term Loans.

(vi) Section 2.01(a) of the Existing Credit Agreement is hereby amended and

restated in its entirety as follows:

(i) each Tranche A Term Lender agrees to make a Tranche A Term Loan denominated in Dollars to the

Borrower on the Closing Date in a principal amount not exceeding its Tranche A Term Commitment as of the Closing Date and (ii) each 2026 Incremental Tranche A Term Lender agrees to make a 2026 Incremental Tranche A Term Loan denominated in

Dollars to the Borrower on the Fourth Amendment Effective Date in a principal amount not exceeding its 2026 Incremental Tranche A Term Commitment,

(vii) Section 2.09(a) of the Existing Credit Agreement is hereby amended and restated in its entirety as follows:

Subject to adjustment pursuant to paragraph (c) of this Section, the Borrower shall repay to the Administrative Agent, for the account of

each Tranche A Term Lender, Tranche A Term Borrowings on each date set forth below (provided that if any such date is not a Business Day, such payment shall be due on the immediately preceding Business Day) in an amount equal to the outstanding

principal amount of Tranche A Term Borrowings as of the Fourth Amendment Effective Date multiplied by the percentage set forth below, with the unpaid balance being payable on the Tranche A Term Maturity Date:

Date

Amount

June 30, 2026

1.250

September 30, 2026

1.250

December 31, 2026

1.250

March 31, 2027

1.250

June 30, 2027

1.875

September 30, 2027

1.875

Date

Amount

December 31, 2027

1.875

March 31, 2028

1.875

June 30, 2028

2.50

September 30, 2028

2.50

December 31, 2028

2.50

March 31, 2029

2.50

June 30, 2029

2.50

September 30, 2029

2.50

December 31, 2029

2.50

March 31, 2030

2.50

June 30, 2030

2.50

September 30, 2030

2.50

December 31, 2030

2.50

March 31, 2031

2.50

SECTION 4: Representations and Warranties. Each Loan Party (with respect to itself and, where

applicable, the Restricted Subsidiaries and/or the Subsidiaries) represents and warrants to the Administrative Agent and each 2026 Incremental Tranche A Term Lender on and as of the Fourth Amendment Effective Date that:

(a) this Amendment and the transactions contemplated hereby are within each Loan Party’s corporate or other organizational powers and

have been duly authorized by all necessary corporate or other organizational and, if required, stockholder or other equityholder action;

(b) this Amendment has been duly authorized, executed and delivered by each Loan Party and constitutes a legal, valid and binding obligation of

such Loan Party, enforceable against such Loan Party in accordance with its terms, subject to applicable bankruptcy, insolvency, fraudulent conveyance, reorganization, moratorium or other laws affecting creditors’ rights generally and subject

to general principles of equity, regardless of whether considered in a proceeding in equity or at law;

warranties of each Loan Party set forth in the Loan Documents are true and correct in all material respects (or, in the case of representations and warranties qualified as to materiality or Material Adverse Effect, in all respects), except in the

case of any such representation and warranty that expressly relates to a prior date, in which case such representation and warranty is true and correct in all material respects (or in all respects, as applicable) as of such earlier date (it being

understood and agreed that the reference in Section 3.15 of the Credit Agreement to “the Closing Date, after giving effect to the Transactions” shall be deemed to refer instead to “the Fourth Amendment

Effective Date, after giving effect to the transactions to be consummated on the Fourth Amendment Effective Date”); and

(d) at the time of and immediately after giving effect to the 2026 Incremental Tranche A

Term Commitments and the funding of the 2026 Incremental Tranche A Term Loans, no Default or Event of Default shall have occurred and be continuing.

SECTION 5: Effectiveness. This Amendment shall become effective as of the date first written above (the “Fourth

Amendment Effective Date”) upon satisfaction of the following conditions:

(a) the Administrative Agent shall have received:

(i) counterparts of this Amendment that, when taken together, bear the signatures of the Borrower, each other Loan Party and

each 2026 Incremental Tranche A Term Lender;

(ii) a copy of (A) each organizational document of each Loan Party

certified, to the extent applicable, as of a recent date by the applicable Governmental Authority, (B) signature and incumbency certificates of the responsible officers of each Loan Party executing this Amendment, (C) copies of resolutions

of the board of directors or managers, shareholders, partners, and/or similar governing bodies of each Loan Party approving and authorizing the execution, delivery and performance of this Amendment, certified as of the Fourth Amendment Effective

Date by a secretary, an assistant secretary or a responsible officer of such Loan Party as being in full force and effect without modification or amendment and (D) a good standing certificate (to the extent such concept, or an analogous

concept, exists) from the applicable Governmental Authority of each Loan Party’s jurisdiction of incorporation, organization or formation; and

(iii) a favorable written opinion (addressed to the Administrative Agent and the 2026 Incremental Tranche A Term Lenders and

dated the Fourth Amendment Effective Date) of Sullivan & Cromwell LLP, external counsel for the Borrower.

(b) the Administrative

Agent shall have received all fees and other amounts due and payable on or prior to the Fourth Amendment Effective Date to the extent invoiced at least three Business Days prior to the Fourth Amendment Effective Date (or such shorter period agreed

by the Borrower in its sole discretion), reimbursement or payment of all reasonable, documented and invoiced out-of-pocket expenses (including fees, charges and

disbursements of counsel) required to be reimbursed or paid by any Loan Party hereunder, under any other Loan Document or under any other agreement entered into by the Fourth Amendment Lead Arranger, the Administrative Agent and the 2026 Incremental

Tranche A Term Lenders, on the one hand, and any of the Loan Parties, on the other hand.

a certificate from a Financial Officer of the Borrower, substantially in the form of Exhibit J to the Credit Agreement, certifying as to the solvency of the Borrower and its Subsidiaries as of the Fourth Amendment Effective Date on a consolidated

basis after giving effect to the Amendment.

(d) (i) the Administrative Agent shall have received all documentation and other information

required by bank regulatory authorities under applicable “know your customer” and anti-money laundering rules and regulations, including, without limitation, the USA PATRIOT Act, that has been requested at least 10 Business Days prior to

the Fourth Amendment Effective Date; and (ii) to the extent the Borrower qualifies as a “legal entity customer” under the Beneficial Ownership Regulation and any 2026 Incremental Tranche A Term Lender has requested in a written

notice to the Borrower at least 10 Business Days prior to the Fourth Amendment Effective Date a Beneficial Ownership Certification in relation to the Borrower, such 2026 Incremental Tranche A Term Lender shall have received such Beneficial Ownership

Certification with respect to the Borrower prior to the Fourth Amendment Effective Date (provided that, upon the execution and delivery by such 2026 Incremental Tranche A Term Lender of its signature page to this Amendment, the conditions set forth

in this clause (d) shall be deemed to be satisfied).

(e) the Administrative Agent shall have received a certificate, dated the Fourth

Amendment Effective Date and signed by a Financial Officer or the President or a Vice President of the Borrower, confirming the accuracy of the representations and warranties set forth in Section 4 hereof.

SECTION 6: Effects on Loan Documents; No Novation.

(a) Except as expressly set forth herein, this Amendment (i) shall not by implication or otherwise limit, impair, constitute a waiver of

or otherwise affect the rights and remedies of the Lenders, the Administrative Agent, the Borrower or any other Loan Party under the Credit Agreement or any other Loan Document and (ii) shall not alter, modify, amend or in any way affect any of

the terms, conditions, obligations, covenants or agreements contained in the Credit Agreement or any other Loan Document, all of which are ratified and affirmed in all respects and shall continue in full force and effect. Nothing herein shall be

deemed to entitle the Borrower or any other Loan Party to any future consent to, or waiver, amendment, modification or other change of, any of the terms, conditions, obligations, covenants or agreements contained in the Credit Agreement or any other

Loan Document in similar or different circumstances. After the Fourth Amendment Effective Date, any reference in the Loan Documents to the Credit Agreement shall mean the Existing Credit Agreement as modified hereby. This Amendment shall constitute

a “Loan Document” and an “Incremental Facility Amendment” for all purposes of the Credit Agreement and the other Loan Documents.

(b) This Amendment shall not extinguish the obligations for the payment of money outstanding under the Existing Credit Agreement or discharge

or release the priority of any Security Document. Nothing herein contained shall be construed as a substitution or novation of the Obligations outstanding under the Existing Credit Agreement or any Security Document, which shall remain in full force

and effect, except as modified hereby. Nothing expressed or implied in this Amendment or any other document contemplated hereby shall be construed as a release or other discharge of any Loan Party under any Loan Document from any of its obligations

and liabilities thereunder.

SECTION 7: Miscellaneous. The provisions of Sections 9.03, 9.09, 9.10 and

9.11 of the Credit Agreement are hereby incorporated by reference herein, mutatis mutandis.

SECTION 8:

Counterparts. This Amendment may be executed in counterparts (and by different parties hereto on different counterparts), each of which shall constitute an original, but all of which when taken together shall constitute a single contract. The

electronic execution provisions in Section 9.06 of the Credit Agreement are incorporated herein by reference mutatis mutandis.

SECTION 9: Reaffirmation. Each of the Loan Parties hereby (a) reaffirms its obligations under the Credit Agreement and each

other Loan Document to which it is a party, in each case as modified by this Amendment, (b) reaffirms all Liens on the Collateral which have been granted by it in favor of the Administrative Agent (for the benefit of the Secured Parties)

pursuant to the Loan Documents and (c) acknowledges and agrees that the guarantees of the Loan Parties and the grants of security interests by the Loan Parties contained in the Collateral Agreement and the other Security Documents are, and

shall remain, in full force and effect in respect of, and to secure, the Obligations (including the 2026 Incremental Tranche A Term Loans made hereunder).

[Signature Pages Follow]

IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be duly executed

by their respective authorized officers as of the date first written above.

PITNEY BOWES INC., as Borrower,

/s/ Paul Evans

Name:

Paul Evans

Title:

Executive Vice President, Chief Financial Officer and Treasurer

PITNEY BOWES PRESORT SERVICES, LLC

By: Pitney Bowes Inc., its sole member

/s/ Lauren Thomas DeFina

Name:

Lauren Thomas DeFina

Title:

Chief Accounting Officer

PITNEY BOWES GLOBAL FINANCIAL SERVICES LLC,

By: Pitney Bowes Inc., its sole member

/s/ Lauren Thomas DeFina

Name:

Lauren Thomas DeFina

Title:

Chief Accounting Officer

PB EQUIPMENT MANAGEMENT INC.,

By:

/s/ Paul Evans

Name:

Paul Evans

Title:

President

[Signature Page to Fourth Amendment]

PITNEY BOWES GLOBAL LLC,

By: Pitney Bowes UK LP, its sole member

By: PB European UK LLC, acting as general partner

By: Pitney Bowes International Holdings, Inc., as sole member

/s/ Lauren Thomas DeFina

Name:

Lauren Thomas DeFina

Title:

Vice President

PB WORLDWIDE INC.,

/s/ Lauren Thomas DeFina

Name:

Lauren Thomas DeFina

Title:

Vice President

[Signature Page to

Fourth Amendment]

BANK OF AMERICA, N.A., as Administrative Agent

/s/ Angela Berry

Name:

Angela Berry

Title:

Vice President

[Signature Page to

Fourth Amendment]

BANK OF AMERICA, N.A., as a 2026

Incremental Tranche A Term Lender

/s/ Timothy J. Waltman

Name:

Timothy J. Waltman

Title:

Senior Vice President

[Signature Page to

Fourth Amendment]

CIBC Bank USA, as a 2026

Incremental Tranche A Term Lender

/s/ James Belletire

Name:

James Belletire

Title:

Managing Director

[Signature Page to

Fourth Amendment]

CITIZENS BANK, N.A., as a 2026

Incremental Tranche A Term Lender

/s/ Paul G. Feloney

Name:

Paul G. Feloney

Title:

Senior Vice President

[Signature Page to

Fourth Amendment]

GOLDMAN SACHS BANK USA, as a 2026

Incremental Tranche A Term Lender

/s/ Jonathan Dworkin

Name:

Jonathan Dworkin

Title:

Authorized Signatory

[Signature Page to

Fourth Amendment]

KEYBANK, N.A., as a 2026

Incremental Tranche A Term Lender

/s/ Scott Frazier

Name:

Scott Frazier

Title:

Senior Vice President

[Signature Page to

Fourth Amendment]

EASTERN BANK, as a 2026

Incremental Tranche A Term Lender

/s/ David Nussbaum

Name:

David Nussbaum

Title:

Senior Vice President

[Signature Page to

Fourth Amendment]

Schedule 1

2026 Incremental Tranche A Term Commitments

2026 Incremental Tranche A

Term Lender

2026 Incremental Tranche A Term

Commitment

Bank of America, N.A.

15,000,000.00

CIBC Bank USA

25,000,000.00

Citizens Bank, N.A.

25,000,000.00

Goldman Sachs Bank USA

10,000,000.00

KeyBank National Association

50,000,000.00

Eastern Bank

25,000,000.00

Total

150,000,000.00

EX-99.1

Filename: d88573dex991.htm · Sequence: 3

EX-99.1

Exhibit 99.1

Pitney Bowes Announces Redemption of 2027 Senior Notes and Upsizing of Term Loan A

Redemption of $347 Million 6.875% Senior Notes Due 2027 Eliminates Nearest-Term Debt Maturity,

With the Company’s Next Scheduled Maturity Now in March 2029

Upsizing of Term Loan A by $150 Million, With No Changes to Terms or May 2031 Maturity Date

Involves New Lenders and Reflects the Company’s Improved Credit Profile

SHELTON, Conn.—(BUSINESS WIRE)—June 25, 2026—Pitney Bowes Inc. (NYSE: PBI) (“Pitney Bowes” or the “Company”), a

technology-driven company that provides digital shipping solutions, mailing innovation, and financial services to clients around the world, today announced that it has redeemed all of its $347 million in aggregate principal amount 6.875% Senior

Notes due March 2027 (the “2027 Notes”). In addition, Pitney Bowes announced the upsizing of its existing Term Loan A credit facility by $150 million to a total outstanding balance of $302 million. The proceeds from the

upsizing of the Term Loan A credit facility were used along with existing cash and liquidity to fund the redemption of the 2027 Notes on June 24, 2026.

Kurt Wolf, Chief Executive Officer and Director, commented:

“The redemption of our 2027 Notes creates additional momentum as we work to continually strengthen Pitney Bowes balance sheet and overall financial

position. In addition to eliminating our nearest-term debt maturity and reducing leverage, the Company will benefit from lower interest expense and more flexibility to pursue our accretive capital allocation strategy. The fact that the

Company’s next debt maturity is not until March 2029 also positions us to operate from an even stronger position in the near-term.

It is also

notable that the upsizing of our Term Loan A credit facility involves new lenders beyond our historical relationship banks. We believe this reflects the market’s recognition of our improved credit profile, cash flow and earnings. We look

forward to building on our sustained progress in the quarters to come.”

The upsizing of the Company’s Term Loan A credit facility closed on

June 23, 2026, with no other changes to the existing terms, pricing, or maturity date of May 18, 2031, applicable to the Company’s outstanding Term Loan A borrowings.

Additional details regarding the amended facilities will be filed in a Form 8-K with the Securities and Exchange

Commission.

About Pitney Bowes

Pitney Bowes

(NYSE: PBI) is a technology-driven company that provides digital shipping solutions, mailing innovation, and financial services to clients around the world – including more than 90 percent of the Fortune 500. Small businesses to

large enterprises, and government entities rely on Pitney Bowes to reduce the complexity of sending mail and parcels. For the latest news, corporate announcements, and financial results, visit www.pitneybowes.com/us/newsroom. For

additional information, visit Pitney Bowes at www.pitneybowes.com.

Forward-Looking Statements

This document contains “forward-looking statements” about the Company’s expected or potential future business and financial performance,

including, but not limited to, statements about our expectations and intentions regarding the Company’s financial planning and deleveraging activities. Forward-looking statements are not guarantees of future performance and involve risks and

uncertainties that could cause actual results to differ materially from those projected. Factors which could cause future financial performance to differ materially from expectations include, without limitation, changes in postal regulations or the

operations and financial health of posts in the U.S. or other major markets or changes to the broader postal or shipping markets; accelerated or sudden decline in physical mail volumes; inability to compete effectively with our Sending

Technology Solutions competitors; changes in trade policies, tariffs and regulations; the loss of some of Pitney Bowes’ larger clients in the Presort Services segment; global supply chain issues adversely impacting our third party

suppliers’ ability to provide us products and services; periods of difficult economic conditions, the impacts of inflation and rising prices, higher interest rates and a slow-down in economic activity, including a global recession, or a U.S.

government shutdown, to the Company and our clients; changes in foreign currency exchange rates; changes in labor and transportation availability and costs; inability to successfully execute on our strategic initiatives; and other factors as

more fully outlined in the Company’s 2025 Form 10-K/A Annual Report and other reports filed with the Securities and Exchange Commission during 2026. Pitney Bowes assumes no obligation to update

any forward-looking statements contained in this document as a result of new information, events, or developments.

Contacts:

For Investors:

Alex Brown

investorrelations@pb.com

GRAPHIC

Filename: g88573g52h14.jpg · Sequence: 8

Binary file (5996 bytes)

Download g88573g52h14.jpg

XML — IDEA: XBRL DOCUMENT

XML

Filename: R1.htm · Sequence: 10

v3.26.1

Document and Entity Information

Jun. 23, 2026

Document And Entity Information [Line Items]

Entity Registrant Name

PITNEY BOWES INC /DE/

Amendment Flag

false

Entity Central Index Key

0000078814

Document Type

8-K

Document Period End Date

Jun. 23, 2026

Entity Incorporation State Country Code

Entity File Number

1-3579

Entity Tax Identification Number

06-0495050

Entity Address, Address Line One

27 Waterview Drive

Entity Address, City or Town

Shelton

Entity Address, State or Province

Entity Address, Postal Zip Code

06484

City Area Code

(203)

Local Phone Number

922-4000

Written Communications

false

Soliciting Material

false

Pre Commencement Tender Offer

false

Pre Commencement Issuer Tender Offer

false

Entity Emerging Growth Company

false

Common Stock [Member]

Document And Entity Information [Line Items]

Security 12b Title

Common Stock, $1 par value per share

Trading Symbol

PBI

Security Exchange Name

NYSE

Deferrable Notes [Member]

Document And Entity Information [Line Items]

Security 12b Title

6.70% Notes due 2043

Trading Symbol

PBI.PRB

Security Exchange Name

NYSE

- Definition

Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.

+ References

No definition available.

+ Details

Name:

dei_AmendmentFlag

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Area code of city

+ References

No definition available.

+ Details

Name:

dei_CityAreaCode

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD.

+ References

No definition available.

+ Details

Name:

dei_DocumentPeriodEndDate

Namespace Prefix:

dei_

Data Type:

xbrli:dateItemType

Balance Type:

Period Type:

duration

- Definition

The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.

+ References

No definition available.

+ Details

Name:

dei_DocumentType

Namespace Prefix:

dei_

Data Type:

dei:submissionTypeItemType

Balance Type:

Period Type:

duration

- Definition

Address Line 1 such as Attn, Building Name, Street Name

+ References

No definition available.

+ Details

Name:

dei_EntityAddressAddressLine1

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Name of the City or Town

+ References

No definition available.

+ Details

Name:

dei_EntityAddressCityOrTown

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Code for the postal or zip code

+ References

No definition available.

+ Details

Name:

dei_EntityAddressPostalZipCode

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Name of the state or province.

+ References

No definition available.

+ Details

Name:

dei_EntityAddressStateOrProvince

Namespace Prefix:

dei_

Data Type:

dei:stateOrProvinceItemType

Balance Type:

Period Type:

duration

- Definition

A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityCentralIndexKey

Namespace Prefix:

dei_

Data Type:

dei:centralIndexKeyItemType

Balance Type:

Period Type:

duration

- Definition

Indicate if registrant meets the emerging growth company criteria.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityEmergingGrowthCompany

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.

+ References

No definition available.

+ Details

Name:

dei_EntityFileNumber

Namespace Prefix:

dei_

Data Type:

dei:fileNumberItemType

Balance Type:

Period Type:

duration

- Definition

Two-character EDGAR code representing the state or country of incorporation.

+ References

No definition available.

+ Details

Name:

dei_EntityIncorporationStateCountryCode

Namespace Prefix:

dei_

Data Type:

dei:edgarStateCountryItemType

Balance Type:

Period Type:

duration

- Definition

The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityRegistrantName

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityTaxIdentificationNumber

Namespace Prefix:

dei_

Data Type:

dei:employerIdItemType

Balance Type:

Period Type:

duration

- Definition

Local phone number for entity.

+ References

No definition available.

+ Details

Name:

dei_LocalPhoneNumber

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 13e

-Subsection 4c

+ Details

Name:

dei_PreCommencementIssuerTenderOffer

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 14d

-Subsection 2b

+ Details

Name:

dei_PreCommencementTenderOffer

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Title of a 12(b) registered security.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b

+ Details

Name:

dei_Security12bTitle

Namespace Prefix:

dei_

Data Type:

dei:securityTitleItemType

Balance Type:

Period Type:

duration

- Definition

Name of the Exchange on which a security is registered.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection d1-1

+ Details

Name:

dei_SecurityExchangeName

Namespace Prefix:

dei_

Data Type:

dei:edgarExchangeCodeItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 14a

-Subsection 12

+ Details

Name:

dei_SolicitingMaterial

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Trading symbol of an instrument as listed on an exchange.

+ References

No definition available.

+ Details

Name:

dei_TradingSymbol

Namespace Prefix:

dei_

Data Type:

dei:tradingSymbolItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Securities Act

-Number 230

-Section 425

+ Details

Name:

dei_WrittenCommunications

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- References

No definition available.

+ Details

Name:

pbi_DocumentAndEntityInformationLineItems

Namespace Prefix:

pbi_

Data Type:

xbrli:stringItemType

Balance Type:

Period Type:

duration

- Details

Name:

us-gaap_StatementClassOfStockAxis=us-gaap_CommonStockMember

Namespace Prefix:

Data Type:

Balance Type:

Period Type:

- Details

Name:

us-gaap_StatementClassOfStockAxis=us-gaap_DeferrableNotesMember

Namespace Prefix:

Data Type:

Balance Type:

Period Type: