Hubbell in its $600 million term loan financing in connection with its acquisition of DMC Power
On September 29, 2025, Hubbell Incorporated entered into a Term Loan Agreement with JPMorgan Chase Bank, N.A., and the lenders party thereto. The agreement provides for an aggregate commitment of $600 million. On October 1, 2025, Hubbell borrowed the full $600 million available under the agreement to partially fund its previously announced acquisition of DMC Power, a portfolio company of Golden Gate Private Equity.
Wachtell, Lipton, Rosen & Katz is serving as legal advisor to Hubbell.