Hubbell eyes notes offering to repay commercial paper

By Aleesia Forni

New York, Feb. 23 – Hubbell Inc. plans to price an offering of senior notes, according to a 424B2 filed with the Securities and Exchange Commission.

J.P. Morgan Securities LLC, HSBC Securities and BofA Merrill Lynch are the bookrunners.

The company intends to use the net proceeds from this offering to repay $362 million of commercial paper borrowings and the remainder for general corporate purposes.

The electrical and electronic products company is based in Shelton, Conn.

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