Hubbell’s $750 Million Revolving Credit Facility

Wachtell, Lipton, Rosen & Katz advised Hubbell on the deal.

Hubbell Inc. and its subsidiaries entered into a five-year credit agreement with a syndicate of lenders that will provide for a $750 million senior revolving credit facility.

JPMorgan Chase Bank N.A. acted as administrative agent.

Hubbell Incorporated is an international manufacturer of quality electrical and electronic products for a broad range of residential and non-residential construction, industrial and utility applications. With 2019 revenues of $4.6 billion, Hubbell Incorporated operates manufacturing facilities in the United States and around the world. The corporate headquarters is located in Shelton, CT.

Wachtell, Lipton, Rosen & Katz advised Hubbell with partners Michael Benn, Joshua Cammaker (Picture), Michael Schobel and T. Eiko Stange.

Involved fees earner: Michael Benn – Wachtell, Lipton, Rosen & Katz; Joshua Cammaker – Wachtell, Lipton, Rosen & Katz; Michael Schobel – Wachtell, Lipton, Rosen & Katz; Eiko Stange – Wachtell, Lipton, Rosen & Katz;

Law Firms: Wachtell, Lipton, Rosen & Katz;

Clients: Hubbell;

Author: Martina Bellini