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MASTEC INC Capital/Financing Update 2024

Jun 20, 2024

30366_rns_2024-06-20_bcab27aa-daf5-4b5f-b8b4-ee151acf4ce0.zip

Capital/Financing Update

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): June 20, 2024

MASTEC, INC.

(Exact Name of Registrant as Specified in Its Charter)

Florida 001-08106 65-0829355
(State or Other Jurisdiction of Incorporation) (Commission File Number) (IRS Employer Identification No.)

800 S. Douglas Road , 12th Floor

Coral Gables , Florida 33134

(Address of Principal Executive Office)

Registrant’s telephone number, including area code (305) 599-1800

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class Trading symbol(s) Name of each exchange on which registered
Common Stock, $0.10 Par Value MTZ New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 8.01. Other Events.

Results of Early Participation in Tender Offer and Consent Solicitation

On June 20, 2024, MasTec, Inc. (the “MasTec”) announced the early participation results of the previously announced solicitation of consents (the “Consent Solicitation”) by IEA Energy Services LLC (“IEA”), a wholly owned subsidiary of MasTec, to adopt certain proposed amendments to the indenture, dated as of August 17, 2021, as amended or supplemented as of the date hereof, among IEA, the guarantors from time to time party thereto and Wilmington Trust, National Association, pursuant to which IEA’s 6.625% Senior Notes due 2029 were issued (the “IEA Notes”).

Also on June 20, 2024, the Company announced the early tender results of its previously announced cash tender offer for any and all of the outstanding IEA Notes.

A copy of the press release issued by the Company is attached hereto as Exhibit 99.1.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits

Exhibit No. Description
99.1 Press release, dated June 20, 2024.
104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

MASTEC, INC. — By: /s/ Alberto de Cardenas
Name: Alberto de Cardenas
Title: Executive Vice President, General Counsel and Secretary