Moody's Ratings affirms Pitney Bowes' B1 CFR; outlook changed to stable
Moody's Ratings (Moody's) affirmed Pitney Bowes Inc.'s (Pitney Bowes) B1 Corporate Family Rating (CFR) and B1-PD Probability of Default Rating (PDR) following the company's recently announced exit from Global Ecommerce (GEC) businesses. The disposition of the GEC segment, which has suffered signific...Pitney Bowes is a technology company, engaged in providing commerce solutions. The company's reportable segments are Commerce Services and SendTech Solutions. The company's Commerce Services group includes domestic delivery, return and fulfillment services, cross-border solutions, shipping solutions and presort services. The Commerce Services group includes the Global Ecommerce and Presort Services segments. The company's Sending Technology Solutions segment provides its clients physical and digital mailing, shipping, supplies and other applications. The company's cloud enabled infrastructure provides software-as-a-service offerings delivered online and via connected or mobile devices.
Moody's Investors Service is a leading provider of credit ratings, research, and risk analysis. Moody's commitment and expertise contributes to transparent and integrated financial markets, protecting the integrity of credit. Our ratings and analysis track debt covering more than:
- 130 countries
11,000 corporate issuers
21,000 public finance issuers
76,000 structured finance obligations
Credit ratings and research help investors analyze the credit risks associated with fixed-income securities. Such independent credit ratings and research also contribute to efficiencies in fixed-income markets and other obligations, such as insurance policies and derivative transactions, by providing credible and independent assessments of credit risk.
Moody’s default studies validate our predictive ratings. Our published research and investor briefings draw thousands of attendees each year and keep investors current with the rationale underlying our credit opinions.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.