On August 4, 2025, Quanta Services, Inc. announced the pricing of its offering of $1.5 billion aggregate principal amount of senior notes. The offering includes $500 million of 4.300% senior notes due 2028, $500 million of 4.500% senior notes due 2031, and $500 million of 5.100% senior notes due 2035.
The offering is expected to close on August 7, 2025, subject to customary closing conditions. Quanta intends to use the net proceeds from this offering to repay existing indebtedness, including borrowings incurred under its commercial paper program and its senior credit facility.
This significant debt issuance is a strategic financial move to manage the company's capital structure and liquidity. The terms of the notes reflect current market conditions for corporate debt and impact Quanta's future interest expenses.
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