By Andrea Heisinger
Omaha, March 4 - Pitney Bowes Inc. priced $250 million of 10-year notes Tuesday to yield Treasuries plus 215 basis points, market sources said.
The notes priced in line with price talk that was in the 215 bps area over Treasuries.
Full terms were not available at press time Tuesday.
Bookrunners were Deutsche Bank Securities Inc. and J.P. Morgan Securities Inc.
The mail processing equipment company is based in Stamford, Conn.
| Issuer: | Pitney Bowes Inc.
|
| Issue: | Notes
|
| Amount: | $250 million
|
| Maturity: | 2018
|
| Bookrunners: | Deutsche Bank Securities Inc., J.P. Morgan Securities Inc.
|
| Spread: | Treasuries plus 215 bps
|
| Trade date: | March 4
|
| Price talk: | 215 bps area
|
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