Hubbell Incorporated announced that it has successfully priced an offering of $450 million aggregate principal amount of 3.500% senior notes maturing in 2028. The offering is expected to close on February 2, 2018, subject to customary closing conditions. Net proceeds from the offering, together with cash on hand and proceeds from borrowings under the company's term loan facility and borrowings under the company's revolving credit facility and/or issuances of commercial paper, are expected to be used to finance the acquisition of Meter Readings Holding Group, LLC, the repayment of certain existing indebtedness of Aclara and its subsidiaries and the transactions contemplated by or related to, and the payment of the fees, costs and expenses in connection with, the foregoing.