RSC Equipment Rental, the operating subsidiary of RSC Holdings, said this week it intends to make a private offering of $450 million aggregate principal amount of senior unsecured notes due 2021. The notes will be offered to qualified institutional buyers in accordance with Rule 144A under the Securities Act, and outside the United States in accordance with Regulation S under the Securities Act.

The company plans to use the gross proceeds from the offering to prepay borrowings outstanding under its senior secured second-lien term loan facility.

Based in Scottsdale, Ariz., RSC Equipment Rental is No. 2 on the RER 100.