Holland & Knight Advises MasTec on $600 Million Private Offering
MIAMI (August 11, 2020) – Holland & Knight advised MasTec, Inc. (NYSE: MTZ) on its Rule 144A/Regulation S private offering of $600 million aggregate principal amount of unsecured senior notes, which closed on August 4. The final amount represents an increase of $200 million from the company's initially announced proposed offering size. The notes will mature on August 15, 2028, and will bear an interest rate of 4.5%.
MasTec is a leading infrastructure construction company operating mainly throughout North America across a range of industries. The company's primary activities include the engineering, building, installation, maintenance and upgrade of communications, energy, utility and other infrastructure.
Holland & Knight Partner Ira Rosner led the firm's representation of MasTec. He was assisted by Partners Shane Segarra and Bill Sherman and Associates Caitlin Simkins, Allison Lehn and Christopher Marotta.
More information about the transaction can be found here.