HUBBELL INC (HUBB): debt financing — Hubbell prices $1.9B senior notes offering to fund NSI acquisition

HUBBELL INC

Issued $1.9B senior notes: $500M 4.650% due 2031, $700M 4.900% due 2033, $700M 5.150% due 2036.
Net proceeds of ~$1.87B will fund the NSI acquisition, repay NSI debt, and pay transaction costs.
If NSI acquisition not closed by May 1, 2027, notes subject to special mandatory redemption at 101% plus accrued interest.
Holders can require repurchase at 101% plus accrued interest upon a change of control triggering event.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

HUBBELL INC incurred senior notes of $500,000,000 aggregate principal amount of its 4.650% Senior Notes due 2031 (the "2031 Notes"), $700,000,000 aggregate p with J.P. Morgan Securities LLC, BofA Securities, Inc. and HSBC Securities (USA) Inc., as representatives of the several underwriters at 4.650% ... 4.900% ... 5.150% maturing June 15, 2031 ... June 15, 2033 ... June 15, 2036.

Instrument: senior notes
Principal: $500,000,000 aggregate principal amount of its 4.650% Senior Notes due 2031 (the "2031 Notes"), $700,000,000 aggregate p
Counterparty: J.P. Morgan Securities LLC, BofA Securities, Inc. and HSBC Securities (USA) Inc., as representatives of the several underwriters
Rate: 4.650% ... 4.900% ... 5.150%
Maturity: June 15, 2031 ... June 15, 2033 ... June 15, 2036
Event: incurrence

Exact text from the filing

relating to Hubbell’s public offering of $500,000,000 aggregate principal amount of its 4.650% Senior Notes due 2031 (the “2031 Notes”), $700,000,000 aggregate principal amount of its 4.900% Senior Notes due 2033 (the “2033 Notes”) and $700,000,000 aggregate principal amount of its 5.150% Senior Notes due 2036 (the “2036 Notes”

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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

HUBBELL INC entered into Underwriting Agreement with J.P. Morgan Securities LLC, BofA Securities, Inc. and HSBC Securities (USA) Inc., as representatives of the several underwriters valued at $500,000,000 aggregate principal amount of its 4.650% Senior Notes due 2031, $700,000,000 aggregate (effective 2026-06-02).

Action: entry
Agreement: underwriting
Counterparty: J.P. Morgan Securities LLC, BofA Securities, Inc. and HSBC Securities (USA) Inc., as representatives of the several underwriters
Value: $500,000,000 aggregate principal amount of its 4.650% Senior Notes due 2031, $700,000,000 aggregate
Effective: 2026-06-02

Exact text from the filing

On June 2, 2026, Hubbell Incorporated ("Hubbell") entered into an underwriting agreement (the "Underwriting Agreement") with J.P. Morgan Securities LLC, BofA Securities, Inc. and HSBC Securities (USA) Inc., as representatives of the several underwriters named in Schedule I thereto (collectively, the "Underwriters"), relating to Hubbell's public offering of $500,000,000 aggregate principal amount of its 4.650% Senior Notes due 2031 (the "2031 Notes"), $700,000,000 aggregate principal amount of its 4.900% Senior Notes due 2033 (the "2033 Notes") and $700,000,000 aggregate principal amount of its 5.150% Senior Notes due 2036 (the "2036 Notes"

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289 debt financings filed in the last 30 days. Browse all debt financings →

HUBBELL INC filing history →

Source: SEC EDGAR

accession 0001193125-26-261758

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