01—Abstract
Summary
Summary of the 8-K filed November 4, 2025. Cited figures are marked; the original filing is the authoritative source.
Hubbell Incorporated (NYSE: HUBB) entered into an underwriting agreement on October 30, 2025 with BofA Securities, Inc., HSBC Securities (USA) Inc. and J.P.
Morgan Securities LLC, as representatives of the underwriters, for a public offering of $400,000,000a aggregate principal amount of its 4.800% Senior Notes due 2035. The offering was made under a shelf registration statement on Form S-3 (Registration No. 333-289041) filed with the SEC on July 29, 2025, and is expected to close on November 14, 2025, subject to customary closing conditions. The company expects to use the net proceeds, together with cash on hand, to redeem in full its outstanding $400,000,000 aggregate principal amount of 3.350% Senior Notes due 2026, which have a stated maturity date of March 1, 2026, and to pay any premium and accrued interest on those notes.
The transaction is therefore primarily a refinancing of near-term debt rather than new borrowing for an acquisition or other stated purpose, with the principal amount of the new notes matching the notes being redeemed. The underwriting agreement contains customary representations, warranties, covenants and indemnification and contribution provisions. The filing also attaches a press release dated October 30, 2025 announcing the pricing of the notes, which describes the offering as a successful pricing and restates the expected closing date and use of proceeds, and it states that the release does not constitute a notice of redemption of the 2026 Notes.
02—Key points
Key Highlights
- Priced a $400 million offering of 4.800% Senior Notes due 2035 on October 30, 2025
- Proceeds, together with cash on hand, are expected to fully redeem the $400 million 3.350% Senior Notes due 2026 (stated maturity March 1, 2026)
- Offering is being made under an effective Form S-3 shelf registration statement (No. 333-289041) filed July 29, 2025
- Closing is expected on November 14, 2025, subject to customary closing conditions
- Underwriters are BofA Securities, Inc., HSBC Securities (USA) Inc. and J.P. Morgan Securities LLC, acting as joint book-running managers
- The underwriting agreement includes customary representations, warranties, covenants, and indemnification and contribution provisions
- The press release describes Hubbell as a manufacturer of utility and electrical solutions with 2024 revenues of $5.6 billion
03—Questions
Frequently Asked Questions
What is the purpose of the new notes offering?
Hubbell expects to use the net proceeds from the $400 million 4.800% Senior Notes due 2035, together with cash on hand, to redeem in full its $400 million 3.350% Senior Notes due 2026 and to pay any premium and accrued interest on them.
When is the offering expected to close?
The offering is expected to close on November 14, 2025, subject to customary closing conditions.
How was the offering registered with the SEC?
The notes are being offered under the company's shelf registration statement on Form S-3 (Registration No. 333-289041), which was filed with the SEC on July 29, 2025, and is being offered by means of a prospectus supplement and accompanying prospectus.
Does this announcement constitute a redemption notice for the 2026 Notes?
No. The press release states that it shall not constitute a notice of redemption of the 3.350% Senior Notes due 2026. The filing only describes the expected use of proceeds to redeem those notes.
Who are the underwriters for the offering?
BofA Securities, Inc., HSBC Securities (USA) Inc. and J.P. Morgan Securities LLC acted as representatives of the several underwriters and as joint book-running managers for the offering.
04—Continue