Core Viewpoint - Hubbell Incorporated has successfully priced an offering of $400 million in senior notes with a 4.80% interest rate, maturing in 2035 [1] Group 1: Offering Details - The offering is expected to close on November 14, 2025, pending customary closing conditions [2] - Net proceeds from the offering will be used to fully redeem the outstanding 3.350% Senior Notes due 2026, also amounting to $400 million, and to cover any premium and accrued interest [2] - BofA Securities, HSBC Securities, and J.P. Morgan Securities are acting as joint book-running managers for the offering [3] Group 2: Company Overview - Hubbell Incorporated is a leading manufacturer of utility and electrical solutions, with 2024 revenues reported at $5.6 billion [6] - The company is headquartered in Shelton, Connecticut, and focuses on enabling customers to operate critical infrastructure safely and efficiently [6]
Hubbell Incorporated Prices Offering of Senior Notes Due 2035