Recent Updates — URI
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.
United Rentals reported record third-quarter 2026 results with total revenue of $4.893 billion and net income of $920 million, or diluted EPS of $14.77. Adjusted EBITDA reached a quarterly record of $2.331 billion. The company raised its full-year 2026 outlook, increasing the total revenue forecast to $18.0 billion–$18.2 billion and adjusted EBITDA guidance to $8.3 billion–$8.4 billion. Additionally, the Board declared a quarterly dividend of $1.97 per share, payable November 25, 2026, to shareholders of record on November 11, 2026. United Rentals is the largest equipment rental company in the world.
United Rentals announced record second quarter 2026 results with total revenue of $4.410 billion and net income of $753 million. The company raised its full-year 2026 guidance for total revenue to $17.5 billion - $17.8 billion and adjusted EBITDA to $7.975 billion - $8.125 billion. Additionally, the Board declared a quarterly dividend of $1.97 per share payable on August 26, 2026. The company operates as the world's largest equipment rental company, providing rental equipment to construction and industrial customers.
United Rentals, Inc., United Rentals (North America), Inc., and United Rentals Receivables LLC II entered into Amendment No. 18 to their Third Amended and Restated Receivables Purchase Agreement on June 18, 2026. The amendment extends the expiration date of the amended accounts receivable facility until June 18, 2027, with the option for further 364-day extensions by mutual agreement. The facility involves multiple purchasers and banks, including Liberty Street Funding LLC, Gotham Funding Corporation, GTA Funding LLC, Reliant Trust, and several administrative agents such as The Bank of Nova Scotia and PNC Bank. Advances remain secured by the collateral pool of eligible receivables. United Rentals is an equipment rental company.