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Joe Stocks

02/22/22 5:03 PM

#77306 RE: Joe Stocks #77260

Looking to add to PBI-B tomorrow.

PBI has a senior bond that matures in 2037 with a current yield of 5.8%. PBI-B matures in 2043. Current yield is 7.9%. Big difference for a senior bond where one trades in the bond market and the other NYSE.