MasTec prices USD 650 million senior notes offering - MTZ News | RalliesMasTec prices USD 650 million senior notes offering
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MTZ• MasTec prices senior notes offering
- MasTec priced USD 650 million of senior notes due 2036 at 99.66 to yield a 5.85% coupon, with semi-annual interest.
- Proceeds earmarked to repay some or all of its USD 600 million term loan due June 26, 2028, with the remainder for general corporate uses.
- Notes expected to close Aug. 17, subject to customary conditions.
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