nVent Electric plc (NVT) — Form 8-K: Current report

nVent Electric plc filed a current report detailing the creation of a direct financial obligation through a new $600.0 million senior unsecured term loan facility. The facility will be used by subsidiary Hoffman Schroff Holdings, Inc. to finance a portion of the previously announced $1.75 billion acquisition of Maverick Power, LLC. Additionally, the company entered into an amendment to its existing credit agreement to add limited conditionality provisions to a $250.0 million sublimit of its revolving credit facility.