United Rentals, Inc. 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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