debt
confidence high
sentiment neutral
materiality 0.50
Quanta Services prices $2B senior notes offering across three tranches
QUANTA SERVICES, INC.
- $500M 4.850% notes due 2029, $750M 5.300% notes due 2033, $750M 5.550% notes due 2036 priced at 99.950%, 99.757%, and 99.696% of face value respectively.
- Net proceeds for general corporate purposes, including repayment of commercial paper and senior credit facility.
- Offering expected to close August 6, 2026, subject to customary conditions.
- Joint book-running managers include BofA, Wells Fargo, J.P. Morgan, PNC, Truist, and others per tranche.