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HUBB - Hubbell Inc News Story

$135.08 -0.7  -0.5%

Last Trade - 5:14pm

Sector
Industrials
Size
Large Cap
Market Cap £5.78bn
Enterprise Value £6.78bn
Revenue £3.41bn
Position in Universe 901st / 6389

BRIEF-Hubbell - Entered Term Loan Agreement Providing Ability To Borrow Up To $500 Mln On Unsecured Basis

Wed 31st January, 2018 12:35pm
Jan 31 (Reuters) - Hubbell Inc  HUBB.N : 
    * HUBBELL - ON JAN 31, CO ENTERED INTO TERM LOAN AGREEMENT 
WITH 
SYNDICATE OF LENDERS AND JPMORGAN CHASE BANK, N.A., AS 
ADMINISTRATIVE AGENT 
    * HUBBELL SAYS TERM LOAN AGREEMENT PROVIDES CO ABILITY TO 
BORROW 
UP TO $500 MILLION ON UNSECURED BASIS - SEC FILING 
    * HUBBELL - ON JAN 31, CO, UNITS ENTERED INTO 5-YEAR CREDIT 
AGREEMENT 
    * HUBBELL INC - FIVE-YEAR CREDIT AGREEMENT PROVIDES $750 
MILLION 
COMMITTED REVOLVING CREDIT FACILITY 
    * HUBBELL INC - COMMITMENTS UNDER REVOLVING CREDIT 
AGREEMENT MAY 
BE INCREASED TO AN AGGREGATE AMOUNT NOT TO EXCEED $1,250 
MILLION 
    * HUBBELL - BORROWINGS UNDER TERM LOAN AGREEMENT TO 
PARTIALLY 
FINANCE ACLARA DEAL, REPAYMENT OF SOME EXISTING INDEBTEDNESS OF 
ACLARA & ITS UNITS, OTHERS 
 
Source text: (http://bit.ly/2nuXdjZ) 
Further company coverage:  HUBB.N  
 
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