{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-050271","form_type":"8-K","ticker":"MGRC","cik":"0000752714","company_name":"MCGRATH RENTCORP","filed_at":"2023-09-28T23:59:59+00:00","discovered_at":"2026-05-14T18:03:36.603181+00:00","generated_at":"2026-06-10T07:54:53.867721+00:00","sec_items":["2.03"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"McGrath RentCorp issues $75M of 6.25% senior notes due 2030","bullets":["Issued $75M 6.25% Series F Senior Notes to Prudential Insurance Company, maturing Sept 27, 2030.","Notes are unsecured; interest payable semi-annually starting March 27, 2024.","Prepayment allowed in $5M increments with make-whole amount.","Covenants include max leverage ratio and min fixed charge coverage ratio.","Guaranteed by Mobile Modular Management, Enviroplex, and Vesta Housing Solutions."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-050271","json":"https://secwatch.observer/filing/0000950170-23-050271.json","markdown":"https://secwatch.observer/filing/0000950170-23-050271.md","text":"https://secwatch.observer/filing/0000950170-23-050271.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/752714/000095017023050271/0000950170-23-050271-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/752714/000095017023050271/mgrc-20230927.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-10T07:54:53.867721+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"b59f893cd32d93c6ba7a2f1b9816a48fddc3122e","claim":"MCGRATH RENTCORP incurred senior notes of $75 million aggregate principal amount with The Prudential Insurance Company of America at 6.25% per annum maturing September 27, 2030.","evidence_excerpt":"On September 27, 2023, McGrath RentCorp (the “ Company ”) issued and sold to The Prudential Insurance Company of America (the “ Purchaser ”) $75 million aggregate principal amount of its 6.25% Series F Senior Notes pursuant to the terms of the Second Amended and Restated Note Purchase and Private Shelf Agreement, dated June 8, 2023 (the “ Note Purchase Agreement ”), among the Company, certain of the Company’s subsidiaries, PGIM, Inc., and each other purchaser party thereto.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/752714/000095017023050271/0000950170-23-050271-index.htm","confidence":1.0,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"$75 million aggregate principal amount"},{"label":"Counterparty","value":"The Prudential Insurance Company of America"},{"label":"Rate","value":"6.25% per annum"},{"label":"Maturity","value":"September 27, 2030"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}