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HUBBELL INC — Capital/Financing Update 2017
Jul 31, 2017
30249_rns_2017-07-31_9c29caae-4331-4c37-8489-e1a7870b5e00.zip
Capital/Financing Update
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Filed Pursuant to Rule 433
Registration Statement No. 333-209532
Issuer Free Writing Prospectus dated July 31, 2017
Relating to Preliminary Prospectus Supplement dated July 31, 2017
HUBBELL INCORPORATED
$300,000,000 3.150% Senior Notes due 2027
Issuer: Hubbell Incorporated
Title of Securities: 3.150% Senior Notes due 2027 (the Notes)
Principal Amount: $300,000,000
Maturity: August 15, 2027
Coupon (Interest Rate): 3.150%
Issue Price (Price to Public): 99.200% of principal amount
Benchmark Treasury: 2.375%; May 15, 2027
Spread to Benchmark Treasury: 95 bps
Benchmark Treasury Price and Yield: 100-22+; 2.294%
Yield to Maturity: 3.244%
Interest Payment Dates: February 15 and August 15, commencing February 15, 2018
Redemption Provisions: Treasury plus 15 basis points prior to May 15, 2027 (the date that is three months prior to the scheduled maturity date of the Notes).
At any time on or after May 15, 2027, we may redeem the Notes at par.
Accrued and unpaid interest, if any, will be paid up to but excluding the redemption date.
Change of Control Offer: As described in the Preliminary Prospectus Supplement, dated July 31, 2017.
Legal Format: SEC-registered
Trade Date: July 31, 2017
Settlement Date: T+3; August 3, 2017
Joint Book-Running Managers: J.P. Morgan Securities LLC
Merrill Lynch, Pierce, Fenner & Smith
Incorporated
Senior Co-Manager: HSBC Securities (USA) Inc.
Co-Managers: BNY Mellon Capital Markets, LLC
Citigroup Global Markets Inc.
TD Securities (USA) LLC
Citizens Capital Markets, Inc.
U.S. Bancorp Investments, Inc.
Wells Fargo Securities, LLC
The Williams Capital Group, L.P.
CUSIP: 443510 AH5
ISIN: US443510AH55
Ratings*: Baa1 / A / A (stable / stable / stable)
The issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC Website at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling J.P. Morgan Securities LLC collect at (212) 834-4533 or Merrill Lynch, Pierce, Fenner & Smith Incorporated toll free at (800) 294-1322.
- A securities rating is not a recommendation to buy, sell or hold securities and may be subject to revision or withdrawal at any time.
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