Scottsdale, Ariz.-based RSC Holdings Inc., in a filing with U.S. regulators, last week nearly doubled its initial public offering target from its previously reported $300 million to $575 million.
The filing did not disclose the number of shares being offered or the expected price of those shares. The company has applied with the New York Stock Exchange to list its stock under the ticker symbol RRR.
According to the company, Morgan Stanley, Deutsche Bank and Lehman Brothers are serving as co-lead underwriters of the offering.
RSC Equipment Rentals, which is owned by Oak Hill Capital Partners and Ripplewood Holdings, is No. 2 on the RER 100.
