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United Rentals calls $350 million of its 8¼% senior notes due 2021
New York, March 31 – United Rentals, Inc. said it will redeem $350 million of its $650 million outstanding 8¼% senior notes due 2021.
The redemption date will be April 30, according to a news release.
United Rentals estimated the redemption price at 109.72% of par.
The company will also pay accrued interest up to the redemption date.
The bonds, originally issued by RSC Equipment Rental Inc. and RSC Holdings III LLC in 2011, are currently callable through exercise of their make-whole call.
United Rentals is a Stamford, Conn., equipment rental company.
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