MasTec extends deadlines for IEA notes exchange offer to Oct 21; 25% tendered as of Oct 14

MASTEC INC

Amendment extends Consent Deadline, Early Tender Date, and Expiration Date to Oct 21, 2022.
Holders of ~25% of outstanding IEA 6.625% Senior Notes due 2029 have validly tendered as of Oct 14.
Exchange offer is for up to $300M of new 6.625% MasTec Senior Notes due 2029.
Consent solicitation seeks to eliminate/modify covenants; requires majority of holders to consent.
Exchange offer relates to MasTec's completed acquisition of IEA on Oct 7, 2022.

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