United Rentals North America to Offer $500 Million Notes

Oct. 20, 2010
United Rentals (North America) Inc., a unit of United Rentals Inc., is starting a public offering of $500 million senior subordinated notes due 2020, the company said. URNA said it plans to use the offering’s proceeds to redeem some senior subordinated notes due in 2013 and pay for related call premium and interest; to lower borrowings under a facility and to pay related expenses.

United Rentals (North America) Inc., a unit of United Rentals Inc., is starting a public offering of $500 million senior subordinated notes due 2020, the company said. URNA said it plans to use the offering’s proceeds to redeem some senior subordinated notes due in 2013 and pay for related call premium and interest; to lower borrowings under a facility and to pay related expenses.

United Rentals is based in Greenwich, Conn., with 549 locations in 48 states and 10 Canadian provinces.