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.