EVASTON, III.-National Equip-ment Services, which recently sold $125 million in private debt, placed an additional $50 million in notes last month.

The five-year senior subordinated notes are due 2004 and carry a coupon of 10 percent, identical terms to the notes sold by the company last month.

Net proceeds of about $47.8 million from the most recent deal will be used to repay debt, according to the company, which is based here.