United Rentals Announces Offering of $400 Million Senior Unsecured Notes
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.
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