New York, September 08, 2016 -- Moody's Investors Service ("Moody's") downgraded Pitney Bowes, Inc.'s ("Pitney Bowes") senior unsecured debt ratings to Baa3 from Baa2, and downgraded the short term rating to P-3 from P-2. As part of the rating action, Moody's downgraded the preferred instrument rating at Pitney Bowes International Holdings to Ba2 from Ba1. The rating outlook is stable.

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