URNA

United Rentals Announces Pricing of Private Offering of $1.1 Billion of 6.125% Senior Notes due 2034

Retrieved on: 
Thursday, March 7, 2024

United Rentals, Inc. (NYSE: URI) (“URI”) today announced that its subsidiary, United Rentals (North America), Inc. (“URNA”), has priced an offering of $1.1 billion principal amount of 6.125% Senior Notes due 2034 (the “Notes”) in a private offering.

Key Points: 
  • United Rentals, Inc. (NYSE: URI) (“URI”) today announced that its subsidiary, United Rentals (North America), Inc. (“URNA”), has priced an offering of $1.1 billion principal amount of 6.125% 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.
  • URNA is offering the Notes (and the related guarantees) pursuant to an exemption under the Securities Act of 1933, as amended (the “Securities Act”).
  • The Notes have not been and will not be registered under the Securities Act or under any state securities laws.

United Rentals Announces Proposed Private Offering of $1.1 Billion of Senior Notes due 2034

Retrieved on: 
Thursday, March 7, 2024

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.

Key Points: 
  • 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.
  • URNA is offering the Notes (and the related guarantees) pursuant to an exemption under the Securities Act of 1933, as amended (the “Securities Act”).
  • No assurance can be made that the offering of Notes will be consummated on its proposed terms or at all.

United Rentals Announces Pricing of Private Offering of $1.5 Billion of 6.00% Senior Secured Notes due 2029

Retrieved on: 
Tuesday, November 15, 2022

United Rentals, Inc. (NYSE: URI) (URI) today announced that its subsidiary, United Rentals (North America), Inc. (URNA), has priced an offering of $1.5 billion principal amount of 6.00% Senior Secured Notes due 2029 (the Notes) in a private offering.

Key Points: 
  • United Rentals, Inc. (NYSE: URI) (URI) today announced that its subsidiary, United Rentals (North America), Inc. (URNA), has priced an offering of $1.5 billion principal amount of 6.00% Senior Secured Notes due 2029 (the Notes) in a private offering.
  • URNAs obligations under the Notes will be guaranteed on a first-priority senior secured basis by URI and certain of URNAs domestic subsidiaries.
  • URNA is offering the Notes (and the related guarantees) pursuant to an exemption under the Securities Act of 1933, as amended (the Securities Act).
  • No assurance can be made that the offering of Notes will be consummated on its proposed terms or at all.

United Rentals Announces Proposed Private Offering of $1.5 Billion of Senior Secured Notes due 2029

Retrieved on: 
Tuesday, November 15, 2022

United Rentals, Inc. (NYSE: URI) (URI) today announced that its subsidiary, United Rentals (North America), Inc. (URNA), is offering $1.5 billion principal amount of Senior Secured Notes due 2029 (the Notes) in a private offering.

Key Points: 
  • United Rentals, Inc. (NYSE: URI) (URI) today announced that its subsidiary, United Rentals (North America), Inc. (URNA), is offering $1.5 billion principal amount of Senior Secured Notes due 2029 (the Notes) in a private offering.
  • URNAs obligations under the Notes will be guaranteed on a first-priority senior secured basis by URI and certain of URNAs domestic subsidiaries.
  • URNA is offering the Notes (and the related guarantees) pursuant to an exemption under the Securities Act of 1933, as amended (the Securities Act).
  • No assurance can be made that the offering of Notes will be consummated on its proposed terms or at all.

United Rentals Announces Partial Redemption of 5.50% Senior Notes due 2027

Retrieved on: 
Thursday, April 21, 2022

United Rentals, Inc. (NYSE: URI) today announced that its subsidiary, United Rentals (North America), Inc. (URNA), has given notice of its intention to redeem $500 million of the outstanding $1.0 billion principal amount of its 5.50% Senior Notes due 2027 (CUSIP Number 911365 BF0) (the Notes) on May 21, 2022 (the Redemption Date).

Key Points: 
  • United Rentals, Inc. (NYSE: URI) today announced that its subsidiary, United Rentals (North America), Inc. (URNA), has given notice of its intention to redeem $500 million of the outstanding $1.0 billion principal amount of its 5.50% Senior Notes due 2027 (CUSIP Number 911365 BF0) (the Notes) on May 21, 2022 (the Redemption Date).
  • The Notes will be redeemed at a redemption price (the Redemption Price) of 102.75% of the principal amount of the Notes, plus accrued and unpaid interest to, but excluding, the Redemption Date.
  • Copies of such Notice of Redemption and additional information relating to the procedure for redemption of the Notes may be obtained from Wells Fargo Bank, National Association by calling 1-800-344-5128.
  • URNA expects to use cash and borrowings under its senior secured asset-based revolving credit facility to redeem the Notes and to pay related expenses.

United Rentals Announces Full Redemption of 5.875% Senior Notes due 2026

Retrieved on: 
Friday, August 13, 2021

United Rentals, Inc. (NYSE: URI) today announced that its subsidiary, United Rentals (North America), Inc. (URNA), has given notice of its intention to redeem all of the outstanding $1.0 billion principal amount of its 5.875% Senior Notes due 2026 (CUSIP Number 911365 BE3) (the Notes) on September 15, 2021 (the Redemption Date).

Key Points: 
  • United Rentals, Inc. (NYSE: URI) today announced that its subsidiary, United Rentals (North America), Inc. (URNA), has given notice of its intention to redeem all of the outstanding $1.0 billion principal amount of its 5.875% Senior Notes due 2026 (CUSIP Number 911365 BE3) (the Notes) on September 15, 2021 (the Redemption Date).
  • The Notes will be redeemed at a redemption price (the Redemption Price) of 102.938% of the principal amount of the Notes, plus accrued and unpaid interest to, but excluding, the Redemption Date.
  • Copies of such Notice of Redemption and additional information relating to the procedure for redemption of the Notes may be obtained from Wells Fargo Bank, National Association by calling 1-800-344-5128.
  • URNA expects to use borrowings under its senior secured asset-based revolving credit facility to redeem the Notes and to pay related expenses.