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Prospect News home > News index > List of issuers Tenders > Headlines for 2021 > News item
Published on 7/30/2021 in the Prospect News Liability Management Daily and Prospect News Preferred Stock Daily.

Infrastructure and Energy unit to redeem series B preferred stock

Chicago, July 30 – Infrastructure and Energy Alternatives, Inc. subsidiary IEA Energy Services LLC plans to redeem a portion of its series B preferred stock with the proceeds a new offering of notes, according to a press release.

The company will also use the new notes to repay a term loan.

The new deal was launched at $300 million.

Infrastructure and Energy Alternatives is an infrastructure construction company based in Indianapolis.


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