Issuer: |
Hubbell Incorporated | |||
Title of Securities: |
3.625% Senior Notes due 2022 | |||
Principal Amount: |
$300,000,000 | |||
Maturity: |
November 15, 2022 | |||
Coupon (Interest Rate): |
3.625% | |||
Issue Price (Price to Public): |
99.174% of principal amount | |||
Benchmark Treasury: |
2.625%; August 15, 2020 | |||
Spread to Benchmark Treasury: |
+115 bps | |||
Benchmark Treasury Price and Yield: |
||||
Coupon (Interest Rate): |
100-17; 2.561% | |||
Yield to Maturity: |
3.711% | |||
Make-Whole Provision: |
Treasury + 20 bps | |||
Interest Payment Dates: |
May 15 and November 15, commencing May 15, 2011 | |||
Redemption Provisions: |
No mandatory redemption provisions. | |||
The notes will be redeemable, in whole | ||||
or in part, at the Issuers option | ||||
solely on the basis of a make-whole | ||||
call at Treasury + 20 bps during the | ||||
period from the original issuance date | ||||
through the maturity date of the | ||||
notes. Notwithstanding the | ||||
Preliminary Prospectus Supplement | ||||
dated November 8, 2010, the notes will | ||||
not be redeemable on the basis of a | ||||
call at par during the three months | ||||
prior to the maturity date. | ||||
Change of Control Offer: |
As described in the Preliminary | |||
Prospectus Supplement, dated November 8, 2010 | ||||
Legal Format: |
SEC-registered | |||
Trade Date: |
November 8, 2010 | |||
Settlement Date: |
T+6; November 17, 2010 | |||
Joint Book-Running Managers: |
J.P. Morgan Securities LLC | |||
Wells Fargo Securities, LLC | ||||
Co-Managers: |
Merrill Lynch, Pierce, Fenner & Smith | |||
Incorporated | ||||
BNY Mellon Capital Markets, LLC | ||||
HSBC Securities (USA) Inc. | ||||
Morgan Stanley & Co. Incorporated | ||||
U.S. Bancorp Investments, Inc. | ||||
CUSIP: |
443510AF9 | |||
ISIN: |
US443510AF99 | |||
Ratings:* |
A3 (Moodys) | |||
A (S&P) | ||||
A (Fitch) |