Quanta Services Increases Credit Facility to $700M

Quanta Services, Inc. PWR today announced that it has entered into an amended and restated senior secured revolving credit agreement with a syndicate of lenders led by Bank of America N.A. and Wells Fargo N.A. The amendment expands the company's senior secured revolving credit facility from $475 million to $700 million and extends the maturity date to Aug. 2, 2016.