MasTec Inc. 8-K Filing Summary
On July 20, 2026, MasTec, Inc. and its subsidiary MasTec North America, Inc. executed two significant financial transactions. Firstly, they borrowed the full $700 million available under their new senior unsecured delayed draw term loan agreement. These funds were primarily used to finance a portion of the acquisition of Electrical Specialists, Inc., d/b/a the Superior Group, along with associated fees and expenses. Secondly, the company borrowed $600 million under its existing amended and restated credit facility. Approximately $580 million of this amount was allocated towards the acquisition of the Superior Group, including acquired cash, with the remainder intended for working capital purposes. These actions were previously reported on July 7, 2026, when the agreements were initially entered into and amended.