Brief: nVent Prices $500 Mln Senior Notes Offering

nVent Electric

24/04/2023 22:11

April 24 (Reuters) - nVent Electric PLC  NVT.N :
    * NVENT PRICES $500.0 MILLION SENIOR NOTES OFFERING
    * NVENT ELECTRIC PLC - NVENT FINANCE S.À R.L., UNIT OF
NVENT,
PRICED PUBLIC OFFERING OF $500.0 MILLION OF 5.650% SENIOR NOTES
DUE 2033
    * NVENT ELECTRIC PLC - NVENT FINANCE AND NVENT INTEND TO
ENTER
INTO NEW LOAN AGREEMENT WITH A SYNDICATE OF FINANCIAL
INSTITUTIONS IN APRIL 2023
    * NVENT - POST AGREEMENT, FINANCIAL INSTITUTIONS TO PROVIDE
NVENT
FINANCE WITH SENIOR UNSECURED TERM LOAN FACILITY OF $300.0
MILLION WITH 5-YEAR MATURITY

Source text for Eikon:  ID:nBwbQ13vba 
Further company coverage:  NVT.N 

 ((Reuters.Briefs@thomsonreuters.com;))