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NVT - Public offerings
nVent Electric plc (NVT) public offerings - real-time wire coverage filtered to Offerings only.
Recent Offerings for NVT
- nVent Prices $500.0 Million Senior Notes OfferingnVent Electric plc (NYSE:NVT) ("nVent") today announced that nVent Finance S.à r.l. ("nVent Finance"), a wholly-owned subsidiary of nVent, priced a public offering of $500.0 million of 5.650% senior notes due 2033. The notes will be fully and unconditionally guaranteed as to payment of principal and interest by nVent. The offering is expected to close on May 3, 2023, subject to customary closing conditions. nVent Finance and nVent intend to enter into a new loan agreement with a syndicate of financial institutions in April 2023, pursuant to which such financial institutions will commit to provide nVent Finance with a senior unsecured term loan facility in an aggregate principal amount of
- nVent Prices $300 Million Senior Notes OfferingnVent Electric plc (NYSE:NVT) announced today that nVent Finance S.à r.l., a wholly-owned subsidiary of nVent Electric plc, priced a public offering of $300 million of 2.750% senior notes due 2031. The notes will be fully and unconditionally guaranteed as to payment of principal and interest by nVent Electric plc. The offering is expected to close on November 23, 2021, subject to customary closing conditions. nVent intends to use the net proceeds of the offering, together with cash on hand, to fund the redemption of all of its $300 million of 3.950% senior notes due 2023 (the "2023 notes") and for general corporate purposes. BofA Securities, Inc., Citigroup Global Markets Inc. and J.P. Mor