Latham & Watkins Advises Quanta Services on US$2 Billion Senior Notes Offering

Quanta Services, Inc. (NYSE: PWR) (Quanta) has announced the pricing of its offering (the Offering) of (i) US$500 million aggregate principal amount of 4.850% senior notes due 2029 at a price to the public of 99.950% of their face value, (ii) US$750 million aggregate principal amount of 5.300% senior notes due 2033 at a price to the public of 99.757% of their face value, and (iii) US$750 million aggregate principal amount of 5.550% senior notes due 2036 at a price to the public of 99.696% of their face value. The Offering closed on August 6, 2026. Quanta intends to use the net proceeds from the Offering for general corporate purposes, including the repayment of outstanding borrowings under its commercial paper program and its senior credit facility.

Latham & Watkins LLP represented Quanta in the transaction with a corporate team led by Houston partners Ryan Lynch, Ryan Maierson, and Clayton Heery, with associates Ziyad Barghouthy, Victoria Wade, and Andy Sorensen. Advice was also provided on tax matters by Houston partners Tim Fenn and Jared Grimley; on environmental matters by Los Angeles/Houston partner Josh Marnitz, with associate Brandon Kerns; on benefits and employment matters by Los Angeles partner Julie Crisp, with associate Joe Benedetto; and on intellectual property matters by associate Andrew Abokhair.