Financing ·
United Rentals prices $2.5B in senior notes due 2029, 2031 and 2036 to repay term loans
URIUnited Rentals, Inc.
On October 29, 2026, United Rentals (North America), Inc. completed an offering of $700 million of 5.550% Senior Notes due 2029, $800 million of 5.750% Senior Notes due 2031, and $1 billion of 6.200% Senior Notes due 2036. The company received approximately $2.476 billion in net proceeds after underwriting discounts and expenses. These funds were used to fully repay the outstanding $975 million balance of its Term Loan Facility and for general corporate purposes, including reducing borrowings under its revolving credit agreement. Concurrently, the filing notes that URNA received investment grade ratings from S&P and Moody’s on October 23, 2026, triggering the release of subsidiary guarantees and collateral liens on existing secured notes. United Rentals is a leading provider of equipment rental services to construction, industrial, and maintenance customers.