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Form 8-K · Current Report · Filed 2024-06-10

MasTec, Inc. Completes $550M Senior Notes Offering

On June 10, 2024, MasTec, Inc. completed the issuance of $550 million aggregate principal amount of its 5.900% senior unsecured notes due 2029. The notes were issued under an indenture dated June 5, 2009, and a twenty-first supplemental indenture dated June 10, 2024. The notes bear interest at an annual rate of 5.900% and mature on June 15, 2029. The issuance is a material definitive agreement and creates a direct financial obligation.

Filer
Mastec Inc. MTZ · NYSE
Filed
Accession
0001193125-24-158356
CIK
0000015615
Signal
Medium impactIndustrials

Items reported

Item 1.01

Entry into a Material Definitive Agreement

Financial Instrument Agreement
Item 2.03

Creation of a Direct Financial Obligation

New Debt Issued
Item 9.01

Financial Statements and Exhibits

Exhibits Furnished

Market reaction

Close before filing

$107.07

Next session

+0.0%

Since filing

+145.7%

Latest close

$263.10

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from MTZ reporting the same item, with the next session's move:

Exhibits (3)

About Mastec Inc.

Mastec Inc. is a comprehensive infrastructure construction company that operates primarily within the energy and communication sectors. Specializing in the engineering, building, installation, maintenance, and upgrading of infrastructure, Mastec plays a critical role in facilitating the development and functionality of modern energy and communication networks. The company is prominently engaged in activities related to the construction of oil and gas pipelines, electrical transmission systems, renewable energy facilities, and wireless and wireline communication systems. Mastec’s services are essential for utility companies, government agencies, and businesses seeking to expand or maintain their infrastructure capabilities. By providing these key services, Mastec helps to improve the reliability, efficiency, and connectivity of infrastructure networks, underpinning economic growth and technological advancement. This makes Mastec an important player in the ongoing development of essential services and infrastructure in the North American market.

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