HUBBELL INC - 8-K Filing
Hubbell Inc. entered into a $900 million unsecured term loan agreement on May 15, 2026 to finance its acquisition of NSI Electrical Buyer, Inc., repay existing NSI debt, and cover related fees. The loans are due in three years and include interest based on Hubbell's credit ratings with a financial covenant limiting total indebtedness to no more than 65% of capitalization. (Items: 1.01 Entry into a Material Definitive Agreement, 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant, 9.01 Financial Statements and Exhibits)
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