secwatch.observer — SEC 8-K summary
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Issuer:     MASTEC INC (MTZ)
CIK:        0000015615
Form:       8-K
Filed at:   2024-06-20T23:59:59+00:00
Accession:  0001193125-24-164546
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MasTec subsidiary IEA receives majority consent to amend indenture; 90.49% of $225M notes tendered
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- Holders of majority principal amount consented to eliminate/modify covenants in IEA's 6.625% Senior Notes due 2029.
- As of June 18 early deadline, $203.7M of $225.1M outstanding notes (90.49%) validly tendered.
- Tendered note holders receive $1,000 per $1,000 principal (including $50 early tender premium) plus accrued interest.
- Payment for early-tendered notes scheduled for June 24, 2024; tender offer expires July 5, 2024.
- IEA expects to redeem remaining outstanding notes at Offer Consideration after expiration.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/15615/000119312524164546/0001193125-24-164546-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/15615/000119312524164546/d857919d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-164546

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