Quanta Services Trading Volume Plummets 30.7 to 180th in Market Activity as $1.5 Billion Debt Offering Looms

On August 4, 2025, Quanta Services (PWR) recorded a trading volume of $0.57 billion, a 30.72% decline from the previous day, ranking 180th in market activity. The stock closed down 0.39%, reflecting subdued investor interest ahead of its senior debt issuance announcement.

The company priced a $1.5 billion senior notes offering across three tranches: $500 million at 4.300% maturing in 2028, $500 million at 4.500% in 2031, and $500 million at 5.100% in 2035. The notes were sold at discounts ranging from 99.705% to 99.963% of face value, aligning with current market conditions. Proceeds will refinance existing debt, including commercial paper and senior credit facility obligations. The transaction, managed by major banks including Bank of America and J.P. Morgan, is set to close on August 7, 2025, pending standard conditions.

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