Hubbell Completes $1.9 Billion Senior Notes Offering to Help Fund NSI Acquisition

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2026.06.08 20:23
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Hubbell completed a $1.9 billion senior notes offering to fund its pending acquisition of NSI Industries, generating approximately $1.87 billion in net proceeds. The underwriting was led by JPMorgan, BofA, and HSBC. Hubbell also executed an indenture to issue $500 million of 2031 notes, $700 million of 2033 notes, and $700 million of 2036 notes, with redemption rights tied to the deal's closure.