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Mastec Inc.

MasTec Announces Early Participation Results for Tender Offer and Consent Solicitation

| 8-K |Industrials

Summary

On June 20, 2024, MasTec, Inc. announced the early participation results for the tender offer and consent solicitation for IEA Energy Services LLC's 6.625% Senior Notes due 2029. The tender offer and consent solicitation received requisite consents to modify the indenture, allowing IEA to adopt proposed amendments. The tender offer expires on July 5, 2024, and early participation paid holders $1,000 per $1,000 principal amount of notes tendered.

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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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