nVent Electric Files Preliminary Prospectus Supplement for Senior Notes to Fund Maverick Power Acquisition

Overview of the Filing

On September 15, 2026, nVent Electric plc filed a preliminary prospectus supplement (Form 424B5) covering an offering of Senior Notes by its indirect wholly-owned subsidiary, Hoffman Schroff Holdings, Inc.

Key Highlights

1. Guarantors & Structure:

   • Issuer: Hoffman Schroff Holdings, Inc.
   • Guarantors: Fully, unconditionally, jointly, and severally guaranteed by nVent Electric plc and nVent Finance S.à r.l.
   • Ranking: Unsecured and unsubordinated, ranking equally with existing and future senior unsecured debt.

2. Use of Proceeds:

   • Proceeds will be used primarily to fund the acquisition of Maverick Power, LLC for an initial purchase price of $1.75 billion (plus up to $550 million in performance-based earn-outs in 2027/2028), along with related fees and expenses.

3. Special Mandatory Redemption:

   • If the Maverick Power acquisition is not completed on or before November 20, 2026 (subject to extension up to February 19, 2027) or the purchase agreement terminates, the issuer will redeem all outstanding notes at 101% of aggregate principal amount plus accrued and unpaid interest.

4. Joint Book-Running Managers:

   • BofA Securities, Citigroup, J.P. Morgan, BMO Capital Markets, and US Bancorp.