PURSUANT TO RULE NO. 424(b)(2)
FILE NO. 333-59181
(CORRECTED)
PRICING SUPPLEMENT NO. 1
To the
Prospectus dated July 28, 1998
And the Prospectus Supplement dated August 30, 1999
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$125,000,000
PITNEY BOWES CREDIT CORPORATION
MEDIUM-TERM NOTES, SERIES D
Form of Note: Issue Date (Settlement Date):
Global Security September 29, 1999
Type of Note: Net Proceeds to the Issuer
Fixed Rate Note (%): 99.9665%
Principal Amount: Price to Public (%): 100.0000%
$125,000,000
Interest Rate: 5.95%
Specified Currency:
U.S. dollars Interest Payment Date (s):
March 29, 2000
Principal plus Interest at Maturity
Stated Maturity:
September 29, 2000
Redemption:
The Notes to which this Pricing Supplement relates are not redeemable at
the option of the Company or repayable at the option of any holder prior to
September 29, 2000.
Defeasance And Covenant Defeasance:
The Company may effect defeasance or covenant defeasance with respect to
the Notes only upon delivery of an opinion of counsel as described in the
Prospectus.
Terms used and not defined herein but defined in the Prospectus Supplement and
Prospectus are used herein as therein defined.
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Salomon Smith Barney
The date of this Pricing Supplement is September 24, 1999.
