# MASTEC INC (MTZ) — capital_raise/public_offering [pending]
Source: SEC API (secapi.ai) · situation sit_b78e37bcceb6f44216a0 · retrieved 2026-08-14T01:27:55.111Z

## Overview
MasTec, Inc. is a leading North American infrastructure engineering and construction company focused on engineering, building, installation, maintenance and upgrade of communications, energy and utility infrastructure, including wireless, wireline/fiber, power delivery, power generation, pipeline, and heavy civil and industrial infrastructure.

MasTec, Inc. entered into an underwriting agreement on August 6, 2026 with PNC Capital Markets LLC, Truist Securities, Inc., and Wells Fargo Securities, LLC to issue and sell $650,000,000 aggregate principal amount of 5.850% Senior Notes due September 30, 2036. The notes were priced at 99.656% of principal amount. The company expects to close the offering on August 17, 2026. Net proceeds (before expenses) are $643,539,000. MasTec intends to use the net proceeds to repay some or all of its $600 million term loan maturing June 26, 2028, and for general corporate purposes including potential repayment of other indebtedness.

## Terms
- Counterparty: PNC Capital Markets LLC, Truist Securities, Inc., Wells Fargo Securities, LLC and other underwriters · Deal value: $650.0M · Consideration: cash

## Key dates
- Announced 2026-08-10 · Expected close 2026-08-17

## Timeline
- 2026-08-10 · 8-K (0001193125-26-342507): 8-K - MASTEC INC — *MasTec, Inc. is a leading North American infrastructure engineering and construction company focused on engineering, building, installation, maintenance and upgrade of communications, energy and utility infrastructure, including wireless, wireline/fiber, power delivery, power generation, pipeline, and heavy civil and industrial infrastructure.* MasTec, Inc. entered into an underwriting agreement on August 6, 2026 with PNC Capital Markets LLC, Truist Securities, Inc., and Wells Fargo Securities, LLC to issue and sell $650,000,000 aggregate principal amount of 5.850% Senior Notes due September 30, 2036. The notes were priced at 99.656% of principal amount. The company expects to close the offering on August 17, 2026. Net proceeds (before expenses) are $643,539,000. MasTec intends to use the net proceeds to repay some or all of its $600 million term loan maturing June 26, 2028, and for general corporate purposes including potential repayment of other indebtedness.
  https://www.sec.gov/Archives/edgar/data/15615/0001193125-26-342507.txt

## Citations
- 0001193125-26-342507 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000119312526342507