MasTec prices $550M 5.900% senior notes due 2029

MASTEC INC

Notes priced at 99.956%, pay semi-annual interest; mature June 15, 2029.
Net proceeds to fund tender offer for IEA Energy's 6.625% notes, repay term loans.
Offering expected to close June 10, 2024; J.P. Morgan and BofA are joint book-runners.
Notes are senior unsecured obligations, effectively subordinated to secured debt.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.