secwatch.observer — SEC 8-K summary
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Issuer:     QUANTA SERVICES, INC. (PWR)
CIK:        0001050915
Form:       8-K
Filed at:   2024-08-09T23:59:59+00:00
Accession:  0001193125-24-197895
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Quanta Services issues $1.25B in senior notes: $600M at 4.750% due 2027, $650M at 5.250% due 2034
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- $600M 4.750% Senior Notes due 2027 and $650M 5.250% Senior Notes due 2034 issued on August 9, 2024.
- Notes are senior unsecured, rank equally with existing and future senior unsecured debt, structurally subordinated to subsidiary liabilities.
- Interest payable semi-annually starting Feb 9, 2025; 2027 notes mature Aug 9, 2027; 2034 notes mature Aug 9, 2034.
- Change of control trigger allows holders to require repurchase at 101% of principal plus accrued interest.
- Indenture includes customary covenants limiting liens, sale-leasebacks, and asset sales/mergers.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1050915/000119312524197895/0001193125-24-197895-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1050915/000119312524197895/d746340d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-197895

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