Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers Paydowns > Headlines for Alto Palermo SA > News item |
Hubbell draws $225 million from $750 million available under revolver
By Sarah Lizee
Olympia, Wash., April 15 – Hubbell Inc. drew $225 million of an available $750 million on its revolving credit facility as a proactive measure to further bolster its liquidity position in the event that economic conditions worsen significantly, according to a press release.
Hubbell is a Shelton, Conn.-based manufacturer of electrical and electronic products for non-residential and residential construction, industrial and utility applications.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.