United Rentals Announces Proposed Private Offering of $1.1 Billion of Senior Notes due 2034
United Rentals(URI) Businesswire·2024-03-07 20:24
STAMFORD, Conn.--(BUSINESS WIRE)--United Rentals, Inc. (NYSE: URI) (“URI”) today announced that its subsidiary, United Rentals (North America), Inc. (“URNA”), is offering $1.1 billion principal amount of Senior Notes due 2034 (the “Notes”) in a private offering. URNA’s obligations under the Notes will be guaranteed on a senior unsecured basis by URI and certain of URNA’s domestic subsidiaries. Aggregate net proceeds from the sale of the Notes are expected to be approximately $1.090 billion after initial p ...