Moody's assigns P-3 rating to Quanta's new commercial paper program
Moody's Investors Service ("Moody's") assigned a first time Prime-3 commercial paper rating to Quanta Services, Inc. ("Quanta"). Concurrently, Moody's affirmed Quanta's Baa3 senior unsecured ratings. The rating outlook remains stable. "We expect Quanta will use the new commercial paper program fo...Quanta Services is a provider of contracting services, delivering infrastructure solutions for the electric power, energy and communications industries in the United States, Canada, Australia, Latin America and select other international markets. The company has two segments: Electric Power Infrastructure Services, which provides network solutions to customers in the electric power industry and services that support the development of renewable energy generation; and Pipeline and Industrial Infrastructure Services, which provides infrastructure solutions to customers involved in the development, transportation, distribution, storage and processing of natural gas, oil and other products.
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