Quanta Services Prices $2.0 Billion Public Offering of Senior Notes

Quanta Services announced it has priced an underwritten public offering of senior notes totaling $2.0 billion in aggregate principal amount. The offering consists of three tranches with varying maturities in 2029, 2033, and 2036. The transaction is expected to close on August 6, 2026.

Key Details

• Offering Breakdown: The offering includes $500 million of 4.850% Senior Notes due 2029, $750 million of 5.300% Senior Notes due 2033, and $750 million of 5.550% Senior Notes due 2036.
• Use of Proceeds: The company intends to use the net proceeds for general corporate purposes, which includes repaying outstanding borrowings under its commercial paper program and its senior credit facility.
• Underwriters: The offering is being managed by a syndicate of banks with BofA Securities, Inc., Wells Fargo Securities, LLC, J.P. Morgan Securities LLC, PNC Capital Markets LLC, and Truist Securities, Inc. acting as representatives.