-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, MfRdqugl7+44thWm7uix4hDenM4DUKCr2d/ZfzQWtWwz27RTgIihoGAJgwUY6VPX muY9WzmLQ7Jobd9tpY13Vw== 0000015615-98-000006.txt : 19980223 0000015615-98-000006.hdr.sgml : 19980223 ACCESSION NUMBER: 0000015615-98-000006 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 19980331 ITEM INFORMATION: FILED AS OF DATE: 19980220 SROS: NYSE FILER: COMPANY DATA: COMPANY CONFORMED NAME: MASTEC INC CENTRAL INDEX KEY: 0000015615 STANDARD INDUSTRIAL CLASSIFICATION: WATER, SEWER, PIPELINE, COMM AND POWER LINE CONSTRUCTION [1623] IRS NUMBER: 591259279 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 001-08106 FILM NUMBER: 98546699 BUSINESS ADDRESS: STREET 1: 3155 N W 77TH AVE CITY: MIAMI STATE: FL ZIP: 33122 BUSINESS PHONE: 3055991800 MAIL ADDRESS: STREET 1: 3155 NW 77TH AVENUE STREET 2: SUITE 115 CITY: MIAMI STATE: FL ZIP: 33122-1205 FORMER COMPANY: FORMER CONFORMED NAME: BURNUP & SIMS INC DATE OF NAME CHANGE: 19920703 8-K 1 PRESS RELATED DATED: 2/3/98 AND 2/6/98 SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 14 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of report (Date of earliest event reported) February 3, 1998 MASTEC, INC. --------------------------------------------- (Exact Name of Registrant as Specified in Charter) Delaware 0-3797 59-1259279 - -------------------------------------------------------------------------------- State of Other Jurisdiction (Commission (IRS Employer Of Incorporation) File Number) Identification No.) 3155 N.W. 77th Avenue, Miami, Florida 33122-1205 - -------------------------------------------------------------------------------- Address of Principal Executive Offices) (Zip Code) Registrant's telephone number, including area code: (305) 599-1800 N/A - -------------------------------------------------------------------------------- (Former Name or Former Address, if Changed Since Last Report) Item 5. Other Events On February 3, 1998, MasTec, Inc. announced the sale of $200 million in senior subordinated notes due in 2008 with a coupon rate of 7 3/4 percent. The notes, that were sold in a private placement with registration rights, will yield a 7.77 percent discount to investors. The offering was increased from $150 million to take advantage of attractive interest rates and proceeds will be used for general corporate purposes, including acquisitions, working capital and capital expenditures. On February 6, 1998, MasTec, Inc. announced the acquisition of Phasecom Systems, Inc. of Toronto, Canada, a telecommunications infrastructure services provider in Ontario, Alberta and Saskatchewan, Canada and in Buffalo, New York and New Orleans, Louisiana. The Company has issued press releases announcing the foregoing events, copies of which are attached as exhibits 99.1 and 99.2 which are incorporated herein by reference. Item 7. Financial Statements and Exhibits. (c) 99.1 Press release dated February 3, 1998. 99.2 Press release dated February 6, 1998. SIGNATURES Pursuant to the requirement of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. Date: February 20, 1998. /s/ Edwin D. Johnson --------------------------------- Edwin D. Johnson Senior Vice President- Chief Financial Officer (Principal Financial Officer and Authorized Officer) EX-99.1 2 PRESS RELEASE DATED: FEBRUARY 3, 1998 NEWS For Immediate Release From MasTec, Inc. February 3, 1998 3155 N.W. 77th Avenue, Suite 135 Miami, Florida 33122-1205 Tel : (305) 599-1800 Fax : (305) 406-1908 For more information contact: Edwin D. Johnson, Chief Financial Officer ejohnson@mastec.com MASTEC, INC. RAISES $200 MILLION IN SUBORDINATED DEBT MIAMI, FL - MasTec, Inc. (NYSE: MTZ) announced today that it has sold $200 million in senior subordinated notes due in 2008 with a coupon rate of 7 3/4 percent. The notes have been sold at a discount to yield 7.77 percent to investors. The offering was increased from $150 million to take advantage of attractive interest rates and proceeds will be used for general corporate purposes, including acquisitions, working capital and capital expenditures. The notes were sold in a private placement with registration rights. Jorge Mas, Chairman and Chief Executive Officer, said: "We were very pleased with the reception of the investment community to our note offering, which has galvanized us to continue our growth strategy. Our position as the principal consolidator in a fragmented industry, coupled with strong access to capital, provides us with a unique opportunity for expansion and enhancement of shareholder value." Opening the Lines of Communication(R) worldwide, MasTec is one of the world's leading telecommunications and related infrastructure service providers, serving clients throughout the United States, Latin America and Spain. For more information, please visit our web site at www.mastec.com. ### EX-99.2 3 PRESS RELEASE DATED: FEBRUARY 6, 1998 NEWS For Immediate Release From MasTec, Inc. February 6, 1998 3155 N.W. 77th Avenue, Suite 135 Miami, Florida 33122-1205 Tel : (305) 599-1800 Fax : (305) 406-1908 For more information contact: Edwin D. Johnson, Chief Financial Officer ejohnson@mastec.com MASTEC, INC. ANNOUNCES ACQUISITION OF PHASECOM SYSTEMS MIAMI, FL - MasTec, Inc. (NYSE: MTZ) announced today the acquisition of Phasecom Systems, Inc. of Toronto, Canada. Phasecom provides telecommunications infrastructure services in Ontario, Alberta and Saskatchewan, Canada and in Buffalo, New York and New Orleans, Louisiana. Opening the Lines of Communication(R) worldwide, MasTec is one of the world's leading telecommunications and related infrastructure service providers, serving clients throughout the United States, Latin America and Spain. For more information, please visit our web site at www.mastec.com. ### -----END PRIVACY-ENHANCED MESSAGE-----