Quanta Services announced the pricing of a $2 billion offering of senior notes with maturities in 2029, 2033, and 2036, carrying interest rates between 4.85% and 5.55%. The offering is expected to close on August 6, 2026, with proceeds intended for general corporate purposes, including repaying existing borrowings under its commercial paper and senior credit facilities. This debt issuance allows Quanta to manage its capital structure and support ongoing operations in its infrastructure services business across multiple countries. The notes were priced slightly below face value and managed by a syndicate of major financial institutions.
Eaton is emerging as a key beneficiary of the growing AI infrastructure buildout, driven by increased demand for data center and power equipment. Its Electrical Americas segment reported a 16% revenue growth in 2025 and a 31% year-over-year backlog i...
Quanta Services announced a record second-quarter revenue of $9.56 billion, up from $6.77 billion a year earlier, driven by strong demand and recent acquisitions. Net income attributable to common stock rose to $451.4 million, with adjusted diluted E...
