Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers N > Headlines for NationsRent Cos., Inc. > News item |
NationsRent receives consents to amend 9½% notes
New York, April 21 - NationsRent Cos., Inc. said it has received the necessary consents to amend the indenture for its $250 million 9½% senior secured notes due 2010.
The announcement follows an increase in the consent payment on April 19 to $2.50 per $1,000 principal amount from $1.25 previously.
The solicitation expired at 5 p.m. ET on April 20.
As announced on April 14, the Fort Lauderdale, Fla., equipment rental company was seeking to amend the note indenture to allow it to buy back all its 6.5% convertible subordinated notes due 2008.
Jefferies & Co., Inc. is solicitation agent (Travis Black at 973 912-2762), and Wilmington Trust Co. is tabulation agent (302 636-6470).
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.