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MasTec taps USD 700 million delayed-draw term loan for Superior Group deal - MTZ News | Rallies

MasTec taps USD 700 million delayed-draw term loan for Superior Group deal

MTZ•2026-07-20

MasTec draws debt to fund Superior Group acquisition

MasTec drew USD 700 million under a new senior unsecured delayed draw term loan signed July 7, 2026.
Borrowing funded part of the cash consideration for the Superior Group acquisition, including related fees and expenses.
It also drew USD 600 million under its amended credit facility; about USD 580 million went to the deal, with the balance for working capital.

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