---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-069661"
form_type: "8-K"
ticker: "ALTG"
cik: "0001759824"
company_name: "ALTA EQUIPMENT GROUP INC."
filed_at: "2024-06-06T23:59:59+00:00"
generated_at: "2026-06-01T05:57:43.281881+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Alta Equipment issues $500M 9% second-lien notes due 2029; redeems $315M 5.625% notes

## Summary
- Issued $500M aggregate principal of 9.000% Senior Secured Second Lien Notes due 2029; sold at 2.906% discount, netting ~$485.5M.
- Net proceeds used to refinance ABL and floor plan facilities, redeem $315M of 5.625% Existing Notes due 2026, and for general corporate purposes.
- ABL facility borrowing capacity increased to $520M; floor plan facility to $90M; combined maximum $969M.
- Notes are second-lien secured, guaranteed by domestic subsidiaries, and subordinated to ABL and floor plan first-lien debt.

## SEC filing metadata
- accession: 0000950170-24-069661
- form_type: 8-K
- ticker: ALTG
- cik: 0001759824
- company_name: ALTA EQUIPMENT GROUP INC.
- filed_at: 2024-06-06T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 1.02, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1759824/000095017024069661/0000950170-24-069661-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1759824/000095017024069661/altg-20240605.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-069661
- JSON: https://secwatch.observer/filing/0000950170-24-069661.json
- Plain text: https://secwatch.observer/filing/0000950170-24-069661.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
