nVent Electric plc filed SEC Form 8-K: Entry into a Material Definitive Agreement, Creation of a Direct Financial Obligation, Financial Statements and Exhibits
UNITED STATES
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CURRENT REPORT
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THE SECURITIES EXCHANGE ACT OF 1934
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ITEM 1.01 Entry into a Material Definitive Agreement
On February 16, 2026, nVent Electric plc (the “Company”) and its subsidiaries nVent Finance S.à r.l. (“nVent Finance”) and Hoffman Schroff Holdings, Inc. (“Hoffman”) entered into Amendment No. 1 (the “Amendment”) to that Second Amended and Restated Credit Agreement, dated as of June 30, 2025, among the Company, nVent Finance, Hoffman and a syndicate of banks (as amended by the Amendment, the “Credit Agreement”). nVent Finance has historically been the primary borrower under the Credit Agreement, Hoffman has been a limited affiliate borrower under the Credit Agreement and the Company has guaranteed the obligations of nVent Finance under the Credit Agreement, which provides for the extension of revolving credit, term credit and other forms of financing arrangements in an aggregate principal amount of up to $875 million. The Amendment permits Hoffman to be a primary borrower under the Credit Agreement in addition to nVent Finance and provides that nVent Finance and Hoffman will cross-guarantee the obligations of each other under the Credit Agreement in addition to the Company guaranteeing the obligations of nVent Finance and Hoffman under the Credit Agreement.
In addition, on February 16, 2026, the Company, nVent Finance and Hoffman entered into a Sixth Supplemental Indenture (the “Supplemental Indenture”) to the Indenture, dated as of March 26, 2018, among the Company, nVent Finance and U.S. Bank Trust Company, National Association (as successor to U.S. Bank National Association), as trustee (as amended, the “Indenture”), governing the 4.550% senior notes due 2028, 2.750% senior notes due 2031 and 5.650% senior notes due 2033 issued by nVent Finance (collectively, the “Notes”). The Supplemental indenture provides that Hoffman, in addition to the Company, will fully and unconditionally and jointly and severally guarantee the obligations of nVent Finance under the Indenture, including the Notes.
The descriptions of the Amendment and the Supplemental Indenture set forth above do not purport to be complete and are qualified by reference to the full text of the Amendment and the Supplemental Indenture filed as Exhibit 4.1 and Exhibit 4.2, respectively, to this Current Report on Form 8-K and incorporated by reference herein.
ITEM 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant
The information included in Item 1.01 above is incorporated herein by reference.
ITEM 9.01 Financial Statements and Exhibits
| (a) | Financial Statements of Businesses or Funds Acquired | |
| Not applicable. | ||
| (b) | Pro Forma Financial Information | |
| Not applicable. | ||
| (c) | Shell Company Transactions | |
| Not applicable. | ||
| (d) | Exhibits |
EXHIBIT INDEX
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized, on February 17, 2026.
| nVent Electric plc | ||
| Registrant | ||
| By | /s/ Randolph A. Wacker | |
| Randolph A. Wacker | ||
| Senior Vice President, Chief Accounting Officer and Treasurer | ||