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.

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