secwatch.observer — SEC 8-K summary
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Issuer:     HUBBELL INC (HUBB)
CIK:        0000048898
Form:       8-K
Filed at:   2025-03-26T23:59:59+00:00
Accession:  0001193125-25-064096
Event type: debt
Sentiment:  neutral
Materiality: 0.40
Item codes: 1.01, 1.02, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Hubbell enters $1.0B revolving credit facility, terminates existing 2021 facility
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- New $1.0B unsecured revolving credit facility matures March 25, 2030; can be increased to $1.5B.
- Replaces March 2021 credit agreement; used for general corporate purposes and commercial paper backup.
- Includes $50M letter of credit sublimit; foreign subsidiaries can borrow up to $100M in EUR, GBP, CAD, CHF.
- Financial covenant requires total indebtedness/total capitalization ≤ 65% measured quarterly.
- Interest rates based on SOFR or Alternate Base Rate plus margin depending on credit ratings.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/48898/000119312525064096/0001193125-25-064096-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/48898/000119312525064096/d942784d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-064096

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