MasTec, Inc. entered into an underwriting agreement on August 6, 2026, to issue and sell $650 million aggregate principal amount of 5.850% Senior Notes due September 30, 2036. The notes were priced at 99.656% and pay interest semi-annually. MasTec intends to use the net proceeds to repay some or all of its $600 million term loan maturing in June 2028 and for general corporate purposes. The offering is expected to close on August 17, 2026. MasTec operates as a leading North American infrastructure engineering and construction company focused on communications, energy, utility, and other infrastructure projects.
