MasTec Engages GE For $600 Million Financing Arrangement

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GE Capital Corporate Finance has announced that it is co-syndication agent on a $600 million cashflow-based revolving credit facility for MasTec Inc., an infrastructure construction company that serves many industries, including renewable energy and transmission.

The financing will be used for growth and general corporate purposes. GE Capital Markets served as joint lead arranger and book manager.

‘GE Capital's significant financial commitment helped us secure incremental capital to foster our growth objectives,’ says Robert Campbell, chief financial officer of MasTec. ‘In addition to financing, we value GE's overall ability to support MasTec's changing needs."

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