Pitney Bowes Inc. reports developments in digital shipping solutions, mailing innovation, financial services, and postal processing services. Company updates commonly cover SendTech and Presort activity, SendPro platform capabilities, results releases, guidance, cost management, and capital allocation actions such as share repurchases, debt reduction, and note tender offers.
News also includes security and compliance milestones for cloud-based shipping and mailing tools, including SendPro 360 authorization for U.S. defense use, as well as leadership changes tied to The Pitney Bowes Bank, SendTech, Presort, and corporate finance.
Pitney Bowes (PBI) closed the repricing of its $585 million Term Loan B on September 29, 2026, lowering its interest margin.
The margin over the Secured Overnight Financing Rate, a benchmark interest rate, fell from 375 to 300 basis points. Other terms and the March 2032 maturity remain unchanged. The company expects approximately $4 million in annual interest savings based on the current outstanding principal balance.
The transaction follows S&P Global Ratings’ issuer credit rating upgrade from B+ to BB-. Over the past year, two tender offers retired over $126 million of debt at approximately 86 cents on the dollar. The company said its financing actions, including this repricing, reduce annualized interest expense by approximately $13 million.
Pitney Bowes (PBI) has completed cash tender offers for two note series, accepting $46.5 million principal on September 18, 2026.
The company had offered to purchase up to $50 million aggregate principal amount of its 6.70% Notes due 2043 and 5.250% Medium-Term Notes due 2037. As of the 5:00 p.m. New York City Expiration Time, $46,467,050 principal amount of Notes had been validly tendered and not withdrawn, all of which have been accepted for payment under the August 20, 2026 Offer to Purchase. BofA Securities acted as Dealer Manager and Global Bondholder Services Corporation acted as Information Agent and Tender Agent.
Pitney Bowes (NYSE:PBI) announced that its Presort Services unit is prepared to support mailers affected by the planned closure of Postal Center International, offering contingency planning and additional capacity for rapid transitions. The business processes nearly 14 billion mail pieces annually for more than 2,000 clients through over 30 U.S. sites.
According to Pitney Bowes, Presort Services is adding new high-speed sorting equipment and plans to hire 400 additional employees. The network includes more than 350 drivers and vehicles, and related offerings such as Pitney Bowes Bank financing and Mailstream On Demand support clients’ operational and funding needs.
Pitney Bowes (NYSE:PBI) has commenced cash tender offers to purchase up to $50 million aggregate principal amount (the “Maximum Tender Amount”) of its outstanding 6.70% Notes due 2043 and 5.250% Medium-Term Notes due 2037, subject to acceptance priority levels and conditions.
The Tender Offers expire at 5:00 p.m. New York City time on September 18, 2026, with a withdrawal deadline of September 10, 2026. Noteholders accepted for purchase will receive the stated tender offer consideration plus accrued and unpaid interest. According to Pitney Bowes, settlement is expected around September 22, 2026 and will be funded with cash on hand.
Pitney Bowes (NYSE: PBI) reported Q2 2026 revenue of $451 million, down 2% year-over-year, while GAAP EPS rose to $0.36 from $0.17 and Adjusted EPS increased 59% to $0.43. GAAP net income was $50 million, and Adjusted EBIT grew 13% to $116 million. Cash from operations was $153 million and Adjusted Free Cash Flow reached $148 million, both up 37–39%.
The company reduced debt by $201 million since Q1, had no balance on its revolver as of July 29, 2026, repurchased 4.5 million shares for $53 million, and declared a $0.10 quarterly dividend. Full-year 2026 guidance was raised for Adjusted EBIT, Adjusted EPS, and Adjusted Free Cash Flow, while revenue guidance of $1.8–$1.86 billion was reaffirmed. SendTech revenue declined 1% but Adjusted Segment EBIT rose 21%; Presort revenue fell 5% with a 44% decline in Adjusted Segment EBIT.
Pitney Bowes (NYSE: PBI) appointed La Vonda Williams to its Board of Directors, effective immediately, as part of the Board Governance Committee’s ongoing process to add highly qualified, independent directors. Williams will also serve on the Board’s recently established Strategic Review Committee.
According to Pitney Bowes, Williams brings nearly 20 years of financial and operational leadership, including roles as CFO of Onegevity Health, Vice President of Equity Derivatives Operations at Goldman Sachs, COO of Solaire Generation, and Independent Director and Audit Committee member at Altra Industrial Motion prior to its 2023 merger agreement with Regal Rexnord. Further details will be filed on Form 8-K.
Dream Finders (NYSE: DFH) has appointed Steve Fischer to its Board of Directors and to the Board’s Audit Committee, effective as announced on July 17, 2026. Fischer brings over 30 years of executive experience in banking, financial services and public accounting, including senior roles at The Pitney Bowes Bank, TIAA Bank, EverBank and Deloitte & Touche.
Pitney Bowes (NYSE:PBI) will release its second quarter 2026 earnings after the market close on Wednesday, July 29, 2026. The company will host an investor conference call on Thursday, July 30, 2026 at 8:00 a.m. ET to review these financial results.
According to Pitney Bowes, the call, webcast, and all supplemental information will be accessible through the company’s investor relations website at https://www.investorrelations.pitneybowes.com/. A recording of the call will also be available on the company’s website after the event. Pitney Bowes describes itself as a technology-driven provider of digital shipping solutions, mailing innovation, and financial services serving clients worldwide, including more than 90 percent of the Fortune 500.
Pitney Bowes (NYSE:PBI) began the second phase of its strategic review, with the independent Board and Strategic Review Committee evaluating the existing value creation plan against alternatives, including acquisitions, divestitures, partnerships, or a full sale.
The company cites a strengthened balance sheet, improved cash flow and earnings, and has hired BofA Securities, Goldman Sachs & Co. and Sullivan & Cromwell as advisors. No timetable or outcome is assured.
Pitney Bowes (NYSE:PBI) redeemed all $347 million of its 6.875% Senior Notes due March 2027, eliminating its nearest-term debt maturity; the next scheduled maturity is now March 2029.
The company also upsized its Term Loan A by $150 million to $302 million, with unchanged pricing and a May 2031 maturity, using proceeds plus existing cash to fund the redemption.