0001193125-18-027557.txt : 20180131 0001193125-18-027557.hdr.sgml : 20180131 20180131165056 ACCESSION NUMBER: 0001193125-18-027557 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20180131 DATE AS OF CHANGE: 20180131 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: HUBBELL INC CENTRAL INDEX KEY: 0000048898 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRONIC COMPONENTS & ACCESSORIES [3670] IRS NUMBER: 060397030 STATE OF INCORPORATION: CT FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP SEC ACT: 1934 Act SEC FILE NUMBER: 333-209532 FILM NUMBER: 18563406 BUSINESS ADDRESS: STREET 1: 40 WATERVIEW DR CITY: SHELTON STATE: CT ZIP: 06484-1000 BUSINESS PHONE: 2037994100 MAIL ADDRESS: STREET 1: 40 WATERVIEW DR CITY: SHELTON STATE: CT ZIP: 06484-1000 FORMER COMPANY: FORMER CONFORMED NAME: HUBBELL HARVEY INC DATE OF NAME CHANGE: 19860716 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: HUBBELL INC CENTRAL INDEX KEY: 0000048898 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRONIC COMPONENTS & ACCESSORIES [3670] IRS NUMBER: 060397030 STATE OF INCORPORATION: CT FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP BUSINESS ADDRESS: STREET 1: 40 WATERVIEW DR CITY: SHELTON STATE: CT ZIP: 06484-1000 BUSINESS PHONE: 2037994100 MAIL ADDRESS: STREET 1: 40 WATERVIEW DR CITY: SHELTON STATE: CT ZIP: 06484-1000 FORMER COMPANY: FORMER CONFORMED NAME: HUBBELL HARVEY INC DATE OF NAME CHANGE: 19860716 FWP 1 d534663dfwp.htm FWP FWP

Filed Pursuant to Rule 433

Registration Statement No. 333-209532

Issuer Free Writing Prospectus dated January 31, 2018

Relating to Preliminary Prospectus Supplement dated January 31, 2018

HUBBELL INCORPORATED

$450,000,000 3.500% Senior Notes due 2028

This free writing prospectus relates only to the securities described below and should be read together with Hubbell Incorporated’s preliminary prospectus supplement dated January 31, 2018 (the “Preliminary Prospectus Supplement”), the accompanying prospectus dated February 16, 2016 and the documents incorporated and deemed to be incorporated by reference therein.

 

Issuer:

   Hubbell Incorporated

Title of Securities:

   3.500% Senior Notes due 2028 (the “Notes”)

Principal Amount:

   $450,000,000

Maturity:

   February 15, 2028

Coupon (Interest Rate):

   3.500%

Issue Price (Price to Public):

   99.438% of principal amount

Benchmark Treasury:

   2.250%; due November 15, 2027

Spread to Benchmark Treasury:

   83 bps

Benchmark Treasury Price and Yield:

   95-27; 2.737%

Yield to Maturity:

   3.567%

Interest Payment Dates:

   February 15 and August 15, commencing August 15, 2018

Optional Redemption Provisions:

  

Treasury plus 15 basis points prior to November 15, 2027 (the date that is three months prior to the scheduled maturity date of the Notes).

 

At any time on or after November 15, 2027 (the date that is three months prior to the scheduled maturity date of the Notes), we may redeem the Notes at par.

 

Accrued and unpaid interest, if any, will be paid up to, but excluding, the optional redemption date.

Special Mandatory Redemption:

   If (x) the consummation of the Aclara Acquisition (as defined in the Preliminary Prospectus Supplement) does not occur on or before August 31, 2018 or (y) Hubbell Incorporated notifies the trustee that Hubbell Incorporated will not pursue the consummation of the Aclara Acquisition, all of the Notes then outstanding will be redeemed at a redemption price equal to 101% of the principal amount of the Notes to be redeemed, plus accrued and unpaid interest, if any, thereon to, but excluding, the Special Mandatory Redemption Date (as defined in the Preliminary Prospectus Supplement).


Change of Control Offer:

  

As described in the Preliminary Prospectus Supplement.

Legal Format:

  

SEC-registered

Trade Date:

  

January 31, 2018

Settlement Date:

  

T+2; February 2, 2018

Joint Book-Running Managers:

  

J.P. Morgan Securities LLC

Merrill Lynch, Pierce, Fenner & Smith

                      Incorporated

HSBC Securities (USA) Inc.

Co-Managers:

  

BNY Mellon Capital Markets, LLC

TD Securities (USA) LLC

Wells Fargo Securities, LLC

Citizens Capital Markets, Inc.

The Williams Capital Group, L.P.

U.S. Bancorp Investments, Inc.

CUSIP:

  

443510AJ1

ISIN:

  

US443510AJ12

Expected Ratings (Moody’s / S&P / Fitch)*:

  

Baa1 / BBB+ / 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, Merrill Lynch, Pierce, Fenner & Smith Incorporated toll free at (800) 294-1322 or HSBC Securities (USA) Inc. toll-free at (866) 811-8049.

* A securities rating is not a recommendation to buy, sell or hold securities and may be subject to revision or withdrawal at any time.