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Form 8-K · Current Report · Filed 2024-06-20

MasTec Announces Early Participation Results for Tender Offer and Consent Solicitation

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.

Filer
Mastec Inc. MTZ · NYSE
Filed
Accession
0001193125-24-164546
CIK
0000015615
Signal
Medium impactIndustrials

Items reported

Item 8.01

Other Events

Rights Offering
Item 9.01

Financial Statements and Exhibits

Exhibits Furnished

Market reaction

Close before filing

$110.67

Next session

+0.9%

Since filing

+137.7%

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 (1)

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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