MasTec Inc

NYSE:MTZUnited States

Jun 5, 2024

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• MasTec Prices $550 Million Debt Offering, from 5:43PM ET on Wednesday Jun 05, 2024 by MT Newswires

  5:43PM ET on Wednesday Jun 05, 2024 by MT Newswires
  Companies Mentioned: MTZ
  05:43 PM EDT, 06/05/2024 (MT Newswires) -- MasTec (MTZ) said late Wednesday it priced a $550 million public offering of 5.9% senior notes due June 15, 2029, at 99.956%. The company expects to close the offering June 10. MasTec plans to use the net p...

• MasTec Announces Pricing of $550,000,000 of Senior Notes, from 5:25PM ET on Wednesday Jun 05, 2024 by PR Newswire

  5:25PM ET on Wednesday Jun 05, 2024 by PR Newswire
  Companies Mentioned: MTZ

  MasTec, Inc. (NYSE: MTZ) ("MasTec") today announced the pricing of its public offering of $550,000,000 aggregate principal amount of senior notes due 2029. The notes will pay interest semi-annually at a rate of 5.900% and will mature on June 15, 2029. The notes were priced at 99.956%.

• MasTec Announces Pricing of $550,000,000 of Senior Notes, from 5:25PM ET on Wednesday Jun 05, 2024 by Dow Jones

  5:25PM ET on Wednesday Jun 05, 2024 by Dow Jones
  Companies Mentioned: MTZ
  
  results, our data security or our reputation, or other cybersecurity-related matters; our dependence on a limited number of customers and our ability to replace non-recurring projects with new projects; risks associated with potential environmental issues and other hazards from our operations; disputes with, or failures of, our subcontractors to deliver agreed-upon supplies or services in a timely fashion, and the risk of being required to pay our subcontractors even if our customers do not pay us; risks related to our strategic arrangements, including our equity investments; risks associated with volatility of our stock price or any dilution or stock price volatility that shareholders may experience, including as a result of shares we may issue as purchase consideration in connection with acquisitions, or as a result of other stock issuances; our ability to obtain performance and surety bonds; risks associated with operating in or expanding into additional international markets, including risks from fluctuations in foreign currencies, foreign labor and general business conditions and risks from failure to comply with laws applicable to our foreign activities and/or governmental policy uncertainty; risks related to our operations that employ a unionized workforce, including labor availability, productivity and relations, risks related to a small number of our existing shareholders having the ability to influence major corporate decisions, as well as risks associated with multiemployer union pension plans, including underfunding and withdrawal liabilities; risks associated with our internal controls over financial reporting, as well as other risks detailed in our filings with the Securities and Exchange Commission.
  

• MasTec Unit IEA Energy Services Launching Tender Offer for 6.625% Senior Notes Due 2029, from 9:13AM ET on Wednesday Jun 05, 2024 by MT Newswires

  9:13AM ET on Wednesday Jun 05, 2024 by MT Newswires
  Companies Mentioned: MTZ
  09:13 AM EDT, 06/05/2024 (MT Newswires) -- MasTec (MTZ) said Wednesday its IEA Energy Services unit has started a cash tender offer for its $225.1 million of 6.625% senior notes due 2029. The tender offer is slated to end at 5 pm ET. Price: 107.97, ...

• MasTec Announces Commencement of Cash Tender Offer for IEA's 6.625% Senior Notes due 2029, from 8:23AM ET on Wednesday Jun 05, 2024 by PR Newswire

  8:23AM ET on Wednesday Jun 05, 2024 by PR Newswire
  Companies Mentioned: MTZ

  MasTec, Inc. (NYSE: MTZ) ("MasTec") today announced that IEA Energy Services LLC, a wholly owned subsidiary of MasTec ("IEA"), has commenced a cash tender offer for any and all of its $225.1 million in outstanding principal amount of 6.625% Senior Notes due 2029 (the "IEA Notes") and the solicitation of consents from the holders (the "Holders") of the IEA Notes to adopt certain amendments to the IEA Indenture (as defined below) (the "Tender Offer").