Hubbell raises $1.9B in senior notes to fund NSI Industries acquisition

Filed June 8, 2026 · Period ending June 2, 2026 · ~1 min read

Key Changes

• high

  Hubbell issued $1.9 billion in senior notes across three tranches (4.65% due 2031, 4.90% due 2033, 5.15% due 2036) to fund the pending NSI Industries acquisition, refinance NSI debt, and cover transaction costs.

  Item 1.01 verify on EDGAR →
• high

  If the NSI acquisition fails to close by May 1, 2027 or Hubbell abandons the deal, the company must redeem all notes at 101% of principal plus accrued interest, creating a contingent liability.

  Item 1.01 verify on EDGAR →
• medium

  The notes are unsecured obligations of the parent company only, without subsidiary guarantees, meaning noteholders rank behind all creditors at Hubbell's operating subsidiaries where most assets reside.

  Item 1.01 verify on EDGAR →