secwatch.observer — SEC 8-K summary
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Issuer:     MASTEC INC (MTZ)
CIK:        0000015615
Form:       8-K
Filed at:   2022-08-22T23:59:59+00:00
Accession:  0001193125-22-225947
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/15615/000119312522225947/0001193125-22-225947-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/15615/000119312522225947/d409086d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-225947

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