MasTec Announces Commencement of Cash Tender Offer for IEA's 6.625% Senior Notes due 2029
![PR Newswire](../../../Content/images/providers/PR.png)
MasTec, Inc. (MTZ)
Last mastec, inc. earnings: 4/30 05:06 pm
Check Earnings Report
US:NYSE Investor Relations:
mastec.com/en/investors
Company Research
Source: PR Newswire
CORAL GABLES, Fla., June 5, 2024 /PRNewswire/ -- MasTec, Inc. (NYSE: MTZ) ("MasTec") today announced that IEA Energy Services LLC, a wholly owned subsidiary of MasTec ("IEA"), has commenced a cash tender offer for any and all of its $225.1 million in outstanding principal amount of 6.625% Senior Notes due 2029 (the "IEA Notes") and the solicitation of consents from the holders (the "Holders") of the IEA Notes to adopt certain amendments to the IEA Indenture (as defined below) (the "Tender Offer").Certain information related to the IEA Notes and the Tender Offer is listed below:IEA NotesIEA NotesCUSIPIEA NotesOutstanding PrincipalAmountOffer Consideration(1)Early Tender Payment(1)Total Consideration(1),(2)6.625% SeniorNotes due 2029 (144A) 45174AAA0 (Reg S) U4502YAA5 (IAI)45174AAB8$225,116,000$950.00$50.00$1,000.00(1) For each $1,000 principal amount of IEA Notes, excluding accrued but unpaid interest thereon, which interest will be paid inaddition to the Offer Consideration or the Tot
Show less
Read more
Impact Snapshot
Event Time:
MTZ
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
MTZ alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
MTZ alerts
High impacting MasTec, Inc. news events
Weekly update
A roundup of the hottest topics
MTZ
News
- MasTec, Inc. Announces Results of Early Participation in Tender Offer and Consent Solicitation [Yahoo! Finance]Yahoo! Finance
- MasTec, Inc. Announces Results of Early Participation in Tender Offer and Consent SolicitationPR Newswire
- Why MasTec (MTZ) is a Top Growth Stock for the Long-Term [Yahoo! Finance]Yahoo! Finance
- Is MasTec Inc (NYSE:MTZ) The Best Infrastructure Stock Pick of Jim Cramer? [Yahoo! Finance]Yahoo! Finance
- Here's Why MasTec (MTZ) is a Strong Momentum Stock [Yahoo! Finance]Yahoo! Finance
MTZ
Earnings
- 5/2/24 - Beat
MTZ
Sec Filings
- 6/20/24 - Form 8-K
- 6/10/24 - Form 8-K
- 6/6/24 - Form 8-K
- MTZ's page on the SEC website