Business
Quanta Services Announces Pricing of Senior Notes Offering
Quanta Services, Inc. (NYSE: PWR) ("Quanta") announced today the pricing of its offering (the "Offering") of (i) $500,000,000 aggregate principal amount of 4.300% senior notes due 2028 (the "2028 Notes") at a price to the public 99.963% of their face value, (ii) $500,000,000 aggregate principal amount of 4.500% senior notes due 2031 (the "2031 Notes") at a price to the public 99.731% of their face value, and (iii) $500,000,000 aggregate principal amount of 5.100% senior notes due 2035 (together
About this update from Quanta Services, Inc.
[{"type":"text","content":"HOUSTON, Aug. 4, 2025 /PRNewswire/ -- Quanta Services, Inc. (NYSE: PWR) ("Quanta") announced today the pricing of its offering (the "Offering") of (i) $500,000,000 aggregate principal amount of 4.300% senior notes due 2028 (the "2028 Notes") at a price to the public 99.963% of their face value, (ii) $500,000,000 aggregate principal amount of 4.500% senior notes due 2031 (the "2031 Notes") at a price to the public 99.731% of their face value, and (iii) $500,000,000 aggregate principal amount of 5.100% senior notes due 2035 (together with the 2028 Notes and the 2031 Notes, the "Notes") at a price to the public 99.705% of their face value. The Offering is expected to close on August 7, 2025, subject to the satisfaction of customary closing conditions. Quanta intends to use the net proceeds from the Offering to repay existing indebtedness, including borrowings incurred under its commercial paper program and its senior credit facility.","length":994,"tagName":"p"},{"type":"image","alt":"Quanta Services Logo. (PRNewsFoto/Quanta Services, Inc.)","displaySize":"","headline":null,"caption":"Quanta Services Logo. (PRNewsFoto/Quanta Services, Inc.)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":148,"url":"https://media.zenfs.com/en/prnewswire.com/572a79a486ca58e8040639cb16639cd8"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/4v2ZQhfJJbTT73d467Y8Hg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTI2MTtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/572a79a486ca58e8040639cb16639cd8","width":400,"height":148}},"href":"https://mma.prnewswire.com/media/334505/quanta_services_logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"BofA Securities, Inc., Wells Fargo Securities, LLC, J.P. Morgan Securities LLC, PNC Capital Markets LLC, Truist Securities, Inc., BMO Capital Markets Corp. and U.S. Bancorp Investments, Inc. acted as joint book-running managers for the Offering with respect to the 2028 Notes, BofA Securities, Inc., Wells Fargo Securities, LLC, J.P. Morgan Securities LLC, PNC Capital Markets LLC, Truist Securities, Inc., BNP Paribas Securities Corp. and CIBC World Markets Corp. acted as joint book-running managers for the Offering with respect to the 2031 Notes and BofA Securities, Inc., Wells Fargo Securities, LLC, J.P. Morgan Secur...