04.03.2014 17:55:00
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Pitney Bowes Inc. -- Moody's rates Pitney Bowes' new senior unsecured notes Baa2; outlook stable
New York, March 04, 2014 -- Moody's Investors Service assigned a Baa2 rating to Pitney Bowes, Inc.'s ("Pitney Bowes") proposed $350 million senior unsecured notes due 2024. The company intends to use the net proceeds for general corporate purposes, which includes debt refinancing. The rating outlook remains stable.