MasTec prices $650 million of 5.850% senior notes due 2036
On August 6, 2026, MasTec agreed to sell $650 million of 5.850% senior unsecured notes due September 30, 2036, priced at 99.656%. The company intends to use the net proceeds to repay some or all of its $600 million term loan maturing June 26, 2028, with closing expected on August 17, 2026, subject to customary conditions.
Key points
- $650 million aggregate principal of 5.850% senior notes due September 30, 2036, priced at 99.656%
- Interest payable semi-annually; closing expected August 17, 2026, subject to customary conditions
- Net proceeds intended to repay some or all of a $600 million term loan maturing June 26, 2028, plus fees and expenses
- Representatives of the underwriters are PNC Capital Markets LLC, Truist Securities, Inc. and Wells Fargo Securities, LLC
The filing
Written by AI on Nov 8, 2026, 1:12 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 10, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.