MasTec Completes $2.5B Refinancing

Fried Frank represented MasTec, Inc. (NYSE: MTZ) in connection with the refinancing of its existing credit facilities. The transaction consisted of a $1.9 billion revolving credit facility and $600 million term loan facility. MasTec is a leading infrastructure construction company operating mainly throughout North Americaacross a range of industries. MasTec's primary activities include the engineering, building, installation, maintenance and upgrade of communications, energy and utility and other infrastructure, such as: power delivery services, including transmission and distribution, wireless, wireline/fiber and customer fulfillment activities; power generation, primarily from clean energy and renewable sources; pipeline infrastructure, including natural gas pipeline and distribution infrastructure; heavy civil; and industrial infrastructure.

The Fried Frank team was led by corporate partners Caroline Sandberg and Joshua Wechsler.