05:43 PM EDT, 06/05/2024 (MT Newswires) -- MasTec ( MTZ ) said late Wednesday it priced a $550 million public offering of 5.9% senior notes due June 15, 2029, at 99.956%.

The company expects to close the offering June 10.

MasTec ( MTZ ) plans to use the net proceeds to purchase its 6.625% senior notes due 2029 in a tender offer by its IEA Energy Services unit, among other things, the company said.

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