nVent adds Hoffman Schroff as primary borrower and guarantor on $875 million credit deal
On February 16, 2026, nVent Electric and subsidiaries amended the $875 million Second Amended and Restated Credit Agreement to let Hoffman Schroff Holdings become a primary borrower alongside nVent Finance, with the two subsidiaries cross-guaranteeing each other's obligations. A Sixth Supplemental Indenture also makes Hoffman a joint and several guarantor of nVent Finance's senior notes due 2028, 2031 and 2033. The filing describes changes to borrowing and guarantee structure; it does not report new borrowing amounts or changes to the facility size.
Key points
- Credit Agreement aggregate principal amount of up to $875 million, unchanged by the filing's description
- Hoffman Schroff Holdings can now borrow as a primary borrower in addition to nVent Finance S.à r.l.
- Hoffman fully and unconditionally guarantees nVent Finance obligations under the indenture, including 4.550% notes due 2028, 2.750% notes due 2031 and 5.650% notes due 2033
- Amendment and Supplemental Indenture dated February 16, 2026; filed as Exhibits 4.1 and 4.2
The filing
Written by AI on Nov 8, 2026, 1:11 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 17, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.