Loan & DebtAug 4, 2026, 06:08 AM
Quanta Services Prices $2.0B Senior Notes Offering
AI Summary
Quanta Services, Inc. announced the pricing of a public offering of $2.0 billion aggregate principal amount of senior notes. The offering includes $500 million of 4.850% Senior Notes due 2029, $750 million of 5.300% Senior Notes due 2033, and $750 million of 5.550% Senior Notes due 2036. The company intends to use the net proceeds for general corporate purposes, including the repayment of outstanding borrowings under its commercial paper program and senior credit facility. The offering is expected to close on August 6, 2026.
Key Highlights
- Quanta Services priced a $2.0 billion aggregate principal amount senior notes offering.
- $500 million of 4.850% Senior Notes due 2029 priced at 99.950% of face value.
- $750 million of 5.300% Senior Notes due 2033 priced at 99.757% of face value.
- $750 million of 5.550% Senior Notes due 2036 priced at 99.696% of face value.
- Net proceeds will be used for general corporate purposes, including repayment of commercial paper and senior credit facility borrowings.
- The offering is expected to close on August 6, 2026.
Price Impact
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