Market Overview

United Rentals Announces Offering of $400 Million Senior Unsecured Notes

Share:
Related URI
Barry Rosenstein, Jana Partners' Latest Moves Include Qualcomm, United Rentals And Yum Brands
RBC Capital's Top 20 U.S. Stock Picks
Tracking David Tepper's Appaloosa Management Portfolio - Q1 2015 Update (Seeking Alpha)

United Rentals, Inc. (NYSE: URI) (“URI”) today announced that its subsidiary, United Rentals (North America), Inc. (“URNA”), is offering $400 million principal amount of senior unsecured notes due 2023 in a registered public offering.

The notes offered by URNA will rank equally with all of its existing and future senior indebtedness, effectively junior to any of its existing and future secured indebtedness and senior in right of payment to any of its existing and future subordinated indebtedness. URNA's obligations under these notes will be guaranteed on a senior basis by URI and certain of URNA's domestic subsidiaries.

Posted-In: News Financing Offerings

 

Related Articles (URI)

Around the Web, We're Loving...