United Rentals Prices $2.5B in Investment-Grade Notes
The senior notes comprise $2.5 billion across 2029, 2031 and 2036 maturities, with coupons of 5.550%, 5.750% and 6.200%. The company expects about $2.476 billion in net proceeds to repay its senior secured term loan and for general corporate purposes.
United Rentals priced $2.5B of senior notes (5.550% 2029; 5.750% 2031; 6.200% 2036), expecting ~$2.476B net to repay its senior secured term loan and for general corporate purposes.Material DetailsContext by AI AnalystThis is URNA’s inaugural investment—grade issuance, signaling improved credit sta…