PWR · News · 20260806N

Long-term Debt Issuance

QUANTA SERVICES, INC. · 2026-08-06 · Importance 58 · Surprise 42

Quanta priced and completed a $2.0 billion senior unsecured notes offering on August 6, 2026. The issuance comprised $500 million of 4.850% notes due 2029, $750 million of 5.300% notes due 2033 and $750 million of 5.550% notes due 2036, with semi-annual interest payments. Net proceeds are intended for general corporate purposes, including repayment of borrowings under the commercial paper program and senior credit facility; the notes rank equally with existing senior unsecured debt but are structurally subordinated to subsidiary liabilities.

Key facts

• The notes are senior unsecured obligations that rank equally with existing unsecured debt and are structurally subordinated to liabilities of subsidiaries, with interest payable semi-annually. source
• Latham & Watkins advised Quanta on the US$2 billion senior notes offering which closed on August 6, 2026. source