Hubbell Incorporated Prices Offering of Senior Notes Due 2035

The offering, which is subject to customary closing conditions, is expected to close on November 14, 2025. The net proceeds from this issuance, together with cash on hand, will be utilized to fully redeem all of the company’s outstanding 3.350% Senior Notes due 2026 (the “2026 Notes”), which have an aggregate principal amount of $400 million and a maturity date of March 1, 2026. Additionally, the proceeds will cover any premiums and accrued interest associated with the redemption of the 2026 Notes.

Hubbell has engaged several prominent financial institutions to lead this offering. BofA Securities, Inc., HSBC Securities (USA) Inc., and J.P. Morgan Securities LLC acted as joint book-running managers, ensuring a smooth and efficient process for the issuance.

The notes are being offered under an effective shelf registration statement on Form S-3 filed with the U.S. Securities and Exchange Commission (SEC). Prospective investors can obtain a copy of the prospectus supplement and accompanying prospectus through the respective financial institutions involved in the offering.

Hubbell Incorporated is recognized as a leading manufacturer of utility and electrical solutions, playing a crucial role in enabling customers to operate critical infrastructure safely, reliably, and efficiently. The company reported revenues of $5.6 billion in 2024, demonstrating its significant impact on electrifying economies and energizing communities. Hubbell's corporate headquarters is located in Shelton, Connecticut.

While the announcement brings promising financial restructuring for Hubbell, the company also issued a caution regarding forward-looking statements. These statements reflect Hubbell’s current expectations and are subject to various risks and uncertainties, including market conditions and the company’s continued eligibility to use its registration statement. Investors are advised to carefully review these risks as outlined in the prospectus and Hubbell’s filings with the SEC.

In summary, Hubbell's strategic pricing of the senior notes not only showcases the company’s proactive approach to managing its debt but also positions it for continued growth and operational efficiency in the future. As the offering proceeds towards its expected closure in mid-November, stakeholders will be keenly watching how this move impacts Hubbell's financial landscape and overall market performance.