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PBI-P-B: PITNEY BOWES INC /DE/ 6.7% Series B Baby Bond

PBI-P-B →

PITNEY BOWES INC /DE/'s PBI-P-B is an exchange-traded baby bond in the Office Machines, Nec sector. At a recent price of $20.28, PBI-P-B yields 8.26% on its $25 liquidation preference and 6.7% coupon. It trades at a discount of 18.9% to par. The issue is callable on or after 2018-03-07. Distributions are paid quarterly. Figures are derived from market data and SEC filings; confirm details in the prospectus before investing.

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