Form 8-K · Current report
United Rentals 8-K, filed Oct 29, 2026
- Filed
- CIK
- 0001067701
- Accession no.
- 0001104659-26-120211
Summary
United Rentals (North America), Inc. completed a $2.5 billion senior notes offering across three series and used roughly $2.476 billion in net proceeds to repay its $975 million term loan facility in full and for general corporate purposes. After receiving investment-grade ratings from S&P Global Ratings and Moody's, the company released the collateral and subsidiary guarantees on its existing notes, triggering the release of guarantors under its amended credit agreement.
Key points
- The offering comprised $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, guaranteed on a senior unsecured basis by United Rentals, Inc.
- A $975 million term loan facility was repaid in full on October 29, 2026 using note proceeds, terminating that agreement.
- An October 23, 2026 amendment to the Fifth Amended and Restated Credit Agreement requires domestic subsidiaries to guarantee only if they incur capital markets debt or term loans above $300 million, and raised the European swingline sub-limit to $40 million from $15 million.
- Existing notes are now senior unsecured obligations of United Rentals (North America), no longer guaranteed by subsidiaries, while obligations under the credit agreement remain senior secured.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
Items reported
- 1.01Entry into a Material Definitive Agreement
- 1.02Termination of a Material Definitive Agreement
- 2.03Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant
- 8.01Other Events
- 9.01Financial Statements and Exhibits
From the filing
Item 1.01 Entry into a Material Definitive Agreement. $700,000,000 aggregate principal amount of 5.550% Senior Notes due 2029, $800,000,000 aggregate principal amount of 5.750% Senior Notes due 2031 and $1,000,000,000 aggregate principal amount of 6.200% Senior Notes due 2036 On October 29, 2026, United Rentals (North America), Inc. (“URNA”) completed an offering of (i) $700,000,000 aggregate principal amount of its 5.550% Senior Notes due 2029 (the “2029 Notes”), (ii) $800,000,000 aggregate principal amount of its 5.750% Senior Notes due 2031 (the “2031 Notes”) and (iii) $1,000,000,000 aggregate principal amount of its 6.200% Senior Notes due 2036 (the “2036 Notes” and, together with the…
An excerpt of the text as filed with the SEC, cut for length.
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