debt
confidence high
sentiment neutral
materiality 0.60
MasTec completes $650M offering of 5.850% senior notes due 2036
MASTEC INC
- Issued $650M aggregate principal of 5.850% senior unsecured notes due Sept 30, 2036 on Aug 17, 2026.
- Interest payable semi-annually Mar 30 and Sep 30, first payment Mar 30, 2027.
- Notes are senior unsecured, not guaranteed by subsidiaries, structurally subordinated to subsidiary obligations.
- Company may redeem notes at specified prices; customary events of default and remedies apply.