🟢 MasTec is trading 6% up today after securing $1.3 billion in debt financing for its Superior Group acquisition

MasTec is trading 6% up at $371.00 after arranging $1.3 billion in new debt facilities to fund the cash portion of its $1.65 billion acquisition of The Superior Group.

• The financing progress reinforces market confidence in the strategic data center and electrical infrastructure deal.
• The acquisition is expected to contribute meaningful revenue and EBITDA growth over the 2026–2027 period, driving company-specific M&A momentum.