MasTec amends exchange offer for IEA notes, extends consent deadline to Aug 24

MASTEC INC

Extended consent deadline to 5:00 p.m. on Aug 24, 2022; early tender date also set to Aug 24.
Revised consent payment: $2.50 cash per $1,000 principal or up to ~$5.00 Success Fee if requisite consents obtained.
Total consideration per $1,000: $1,000 principal of new MasTec notes plus consent payment; early tender premium of $50 principal.
Exchange offer remains conditioned on closing of IEA merger (expected Q4 2022), with $300M IEA notes outstanding.
Consents delivered before Aug 19 are irrevocable; subsequent consents also irrevocable after delivery.

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